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Updated date: Tuesday, July 8, 2025 - 19:43

Are mortgage ARMs a good idea?

Lower rates help you build equity faster. The obvious advantage of an adjustable-rate mortgage is that they carry lower interest rates during the fixed period of the loan. ... The smart thing to do might be to take out a 5/1 ARM but make monthly payments as if it were a 30-year fixed mortgage.

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1	Is mortgage broker a good career?
2	What happens when you mortgage your house?
3	Do you need a mortgage broker to buy a house?
4	Which is better arm or fixed mortgage?
5	How do you find out if a will exists?
6	Why is an arm a bad idea?
7	Can you borrow money for closing costs?
8	Do I own the house if my name is on the deed?
9	Which is better mortgage or home loan?
10	Can you sell a house without the deeds?
11	Do I need to use a mortgage broker?