Law, 11.01.2022 09:40 spiritcampbell56
You are considering a 5/1 ARM. What does the 1 represent?
A. The number of years that a fixed interest rate will be applied to the
loan
B. The number of years between adjustments in the interest rate
C. The interest rate of the initial fixed-rate loan period
D. The thal number of years in the loan
SUBMIT
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You are considering a 5/1 ARM. What does the 1 represent?
A. The number of years that a fixed inte...
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