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If you are purchasing your first home (or have already purchased), which of the following different loan types would you choose and why? 1. Fixed

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If you are purchasing your first home (or have already purchased), which of the following different loan types would you choose and why? 1. Fixed interest only 2. Fixed fully amortized 3. Fixed partially amortized 4. Adjustable interest only 5. Adjustable 6. Hybrid What are some of the inherent risks and benefits from choosing this type of loan

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