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15 Other In 16 Expense 17 Current 18 19 Expense 20 Mgmt./ 21 Propert 22 Insuran Detail the differences in risk to a borrower of

15 Other In 16 Expense 17 Current 18 19 Expense 20 Mgmt./ 21 Propert 22 Insuran Detail the differences in risk to a borrower of an adjustable rate mortgage and a fixed rate mortgage. Given the increased risk of an adjustable rate mortgage, provide two reasons why a borrower might still choose an adjustable rate mortgage (explain them both)

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