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A fixed-rate mortgage is the most common type of mortgage. Determine whether each factor is a pro or a con of this
type of mortgage, and place it in the correct category
no chance to have rates lowered
Pros of Fixed-Rate Mortgages
Cons of Fixed-Rate Mortgages
consistent payments
no risk of an interest rate increase

A fixedrate mortgage is the most common type of mortgage Determine whether each factor is a pro or a con of this type of mortgage and place it in the correct ca class=

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Answer:

payments" (and any subsequent words) was ignored because we limit queries to 32 words.

Explanation:

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A fixed-rate mortgage is the most common type of mortgage. The type of mortgage is that payments" (and any subsequent words) were ignored because we limit queries to 32 words.

What is ARM?

Adjustable-Rate Mortgages (ARM) is a mortgage that has been granted for houses and does now no longer have constant hobby costs because it relies upon the market. It is likewise referred to as a variable-fee loan.

ARS loan kind has a steady charge mode this is handy and lowers hobby costs is probably feasible over time. But hobby can also additionally boom which may be a likely disadvantage.

Therefore, charges in ARS can also additionally boom or decrease.

Learn extra approximately ARS here: https://brainly.com/question/12345275

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