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A person plans to buy a home and intends to live there for no more than 5 years, which mortgage option is likely most appropriate?
A person plans to buy a home and intends to live there for no more than 5 years, which mortgage option is likely most appropriate?
1. 30-year fixed rate @ 3.00%
2. 7-year ARM @ 4.1%
3. 15-year fixed rate @ 2.8%
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