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2. Fixed vs. adjustable-rate mortgage (ARM): What’s the ... - AOL

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   There’s no right or wrong answer about a fixed-rate and adjustable-rate mortgage — both have pros and cons. Still, one type of loan might be a better fit than the other for your financial ...

3. Pros and cons of an adjustable-rate mortgage (ARM) - AOL

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   15-year fixed-rate mortgage: If it’s the interest rate you’re worried about, consider a 15-year fixed-rate loan. It generally carries a lower rate than its 30-year counterpart.

4. Fixed vs. Adjustable Rate Mortgages: Which Makes Sense ... - AOL

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   Continue reading → The post Fixed vs. Adjustable Rate Mortgages appeared first on SmartAsset Blog. And therefore, it's paramount that the mortgage one attains is the right type of loan for their ...

5. Adjustable-rate mortgages: What they are and how they work - AOL

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   5/6 and 5/1 ARMs: 5/6 and 5/1 ARMs offer a fixed intro rate for the first five years of the mortgage, then switch to an adjustable rate for the remaining 25 years. 5/6 ARMs adjust every six months ...

6. Adjustable-Rate vs. Fixed-Rate Mortgage: How They Can ... - AOL

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   There are all kinds of mortgages for all kinds of borrowers -- FHA loans, VA loans, jumbo loans and the list goes on. No matter the mortgage program, the interest you pay will be structured in one ...

7. What is a fixed-rate mortgage and how does it work? - AOL

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   Assume she opted for a 15-year fixed-rate mortgage loan for which she borrowed $140,000 at 6.82 percent; over the life of that loan, she would have paid a total of $83,976 in interest.