Tag: adjustable rate mortgage
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Adjustable Rate Mortgages Aren’t Always Dangerous
ARMs got a bad reputation after 2008, but for the right borrower in the right rate environment, they can save tens of thousands. Here’s when they make sense.
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Adjustable rates aren’t as risky as people think
ARMs got blamed for the 2008 crisis, but modern adjustable-rate mortgages have built-in protections that make them rational for many borrowers.