When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Lately, I’ve been discussing loan programs beyond the 30-year fixed, now that interest rates on fixed-rate mortgages are no longer favorable. Today, we’ll compare two popular loan programs, the “30-year fixed mortgage vs. the 7-year ARM.” Everyone… Read More »7/1 ARM vs. 30-Year Fixed Mortgage: Pros, Cons, and How Much Cheaper Are They?
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