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esignment Chapter 7 Length of the mort Amount of down pa Flexible monthly payments Interest rates All of the following are true of atjustable-rate, variable-payment

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esignment Chapter 7 Length of the mort Amount of down pa Flexible monthly payments Interest rates All of the following are true of atjustable-rate, variable-payment mortgages according to the video, except There are no rate caps for this type of morngage Paymern for this tyoe of emongage may change on e 1 3,5. 7or 10-yer schedue down payment for this type of mongege sypicaty varies h is common practice for tie lender to adjust the ienest rase on a scheduled basis This type of mongege has lower tel interest rates but hes the potential to have imuch higher nes and peymenes in the future E Next > A156-10 F10 912

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