Question: you have a choice between a 30 year fixed rate mortgage at 4.5% and an adjustable rate mortgage with a first year rate of 3%.

you have a choice between a 30 year fixed rate mortgage
you have a choice between a 30 year fixed rate mortgage at 4.5% and an adjustable rate mortgage with a first year rate of 3%. Estimate your monthly savings with the ARM during the first year for a $150,000 loan

Quention \& 10. Exercise if: ARIA Rate Ap proklmatiogs

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