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Define Fixed Rate Mortgages What are the pro's and con's of fixed rate mortgages? Define Adjustable-rate mortgages (ARMs) Why are ARMs attractive to borrowers? What
- Define Fixed Rate Mortgages
- What are the pro's and con's of fixed rate mortgages?
- Define Adjustable-rate mortgages (ARMs)
- Why are ARMs attractive to borrowers?
- What is seller financing?
- There are a couple of mortgages that should make you think twice before obtaining (please define each of the following):
- Ballon Loans
- Interest Only
- When looking for a property, what are some ways that you can evaluate a region?
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