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Veronica has had a variable - rate mortgage for several years. Unfortunately, the monthly mortgage payments have not covered her interest owed. As a result,
Veronica has had a variablerate mortgage for several years. Unfortunately, the monthly mortgage payments have not covered her interest owed. As a result, her home equity is decreasing because of
Multiple Choice
an ARM.
an FHA loan.
negative amortization.
a buydown
a VA loan.
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