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Mortgages/Loans
Questions (2)
Case: A borrower received a 30-year ARM mortgage loan for $200,000. Rate caps are 3/2/6. The start rate is 3.50% and the loan
3 answers
asked by
jim
3,885 views
Jamie and Eddie are buying an apartment for $320,000. Their loan officer tells them that their principal will decrease by 4.5%
3 answers
asked by
Blue Berry
189 views
Subcategories (2)
Adjustable Rate Mortgages (ARM)
Principal reduction predictions
Parent Categories (1)
Math/Financial Literacy