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re: Would you do 7/1 ARM or a 30-year fixed mortgage for a starter home?
Posted on 2/12/14 at 2:17 pm to hawkeye007
Posted on 2/12/14 at 2:17 pm to hawkeye007
quote:
do the math on how much you are saving a month. if the risk is worth it to you then take the 7/1 arm. just know that in rate will be higher If you have to refinance and you will have to repay closing cost If you refinance.
I agree. Just change when to if
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