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Should I opt for ARM?

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  • Should I opt for ARM?

    I am planning to buy a house and would like to know the benefits and suitability of an Adjustable Rate Mortgage loan. Does any one have any idea? Thanks in advance!

  • #2
    The suitability really depends on your personal circumstances and affordability - you want to know you won't be hit by big fees on sign up, and additionally that you can afford any increase in the mortgage rates.