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ARM Adjustable Rate Mortgage Loans 2006

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Nov 2006 - U.S. homeowners with a mortgage, 24% have an adjustable rate (ARM Mortgage) , while 76% have a fixed rate mortgage, according to the Mortgage Bankers Association.

Initial rates on adjustable mortgages have gone up faster than those on longer-term, fixed-rate loans.

Hipotecas Prestamos November 25, 2006 10:55 AM