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Which of the following statements is true of adjustable rate mortgages? They usually convert to a fixed-rate loan after a period of time. They generally

Which of the following statements is true of adjustable rate mortgages?

They usually convert to a fixed-rate loan after a period of time.

They generally carry higher initial interest rates than conventional mortgages.

There is no limit to interest rate changes.

The interest rate changes are subject to limits.

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