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What is an Adjustable Rate Mortgage (ARM)
May 18, 2018An adjustable-rate mortgage is a loan with an interest rate that changes. ARMs may start with lower monthly payments than fixed-rate mortgages, but keep in mind the following: Your monthly payments could change. They could go up — sometimes by a lot—even if interest rates don’t go up.
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First Time Homebuyer’s Guide
Considering homeownership but not sure where to begin? The Meadowbrook Financial Mortgage Bankers Corp. guide to home buying will make the process easy all in one packet.
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