Question: When we tried to look at current ARM's in class, we ran into some issues. What is unusual about ARM's right now compared to historical
When we tried to look at current ARM's in class, we ran into some issues. What is unusual about ARM's right now compared to historical norms?Group of answer choicesARM's are the dominant form of residential financing right now.ARM's, if even available, are changing their rates every 6 months instead of every year once interest rate changes begin.ARM's are completely unavailable.ARM mortgage rates are abnormally low relative to fixed rate mortgages right now.
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