Question: Which adjustable rate mortgage structure would expose the borrower to the least risk from rising interest rates during the next 5 years? Group of answer

Which adjustable rate mortgage structure would expose the borrower to the least risk from rising interest rates during the next 5 years?

Group of answer choices

1/1 ARM, no caps

2/1 ARM, no caps

5/1 ARM, no caps

All ARMs expose the borrower to the same risks.

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