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Private Lending & Conventional Mortgage Advice

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Sean Kuhn
  • Minooka, IL
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Do ARMs stay competitive in their adjustment period?

Sean Kuhn
  • Minooka, IL
Posted Jun 9 2014, 17:13

I have been getting into a few portfolio lent ARMs lately(maxed out on fixed rates) and I'm wondering, do ARMs keep their interest rates at market competitive rates? They wouldn't just cap it out right away at the adjustment period because I'll just refi with a competitor?

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