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Moving to another question will save this response. Question 5 Which of the following is not a characteristic of Hybrid Adjustable Rate Mortgage (ARM)? A.

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Moving to another question will save this response. Question 5 Which of the following is not a characteristic of Hybrid Adjustable Rate Mortgage (ARM)? A. Fixed rate is higher as its term is longer B. Payment is set to be fully amortizing C. Fixed rate period ranges from two to ten years D. Interest rate is adjustable for some years, then becomes fixed

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