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Since 2009, I have encouraged Financial Samurai readers to take out an adjustable-rate mortgage instead of a 30-year fixed-rate mortgage. The rationale was that we were in a downward interest rate channel, so why pay more in interest if you don’t have to? Further, the average homeownership tenure back in 2009 was only around 5-7
The post Adjustable-Rate Mortgages As A Percentage Of Total Loans: So Low! appeared first on Financial Samurai.
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