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ADJUSTABLE MORTGAGES
WHAT IS A ADJUSTABLE RATE MORTGAGE?
Adjustable Rate Mortages (ARMs) offer a fluctuating interest rate throughout the duration of your home loan. ARMs are popular because most allow borrowers to pay off their loan with low initial payments, allowing many to purchase a more expensive home. But borrower beware, ARMs can be risky when financial markets are unstable because the rates can increase with little notice.
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Mountain Trust Mortgage offers adjustable rate mortgage programs designed to fit your specific financial needs. Call us today to learn more!
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