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In response to
"
crazier than that - why would he get an ARM that adjusts *monthly* with a maximum rate of 9.95%?
"
by
Max
because you get a lower rate initially, and if rates go up, you just pay it off.
Posted by
ceregon
Jul 16 '12, 10:13
as long as he's borrowing below the rate of inflation he's golden
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