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23 votes
Which is true of an adjustable rate mortgage?

User Nocker
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1 Answer

27 votes
27 votes

Answer:

The rate of interest may vary , totally depends on the market value of that agency or company or the financial agency which is providing the mortgage money at certain rate. So, option (B) the interest rate may change depending on the condition of the economy is true statement regarding adjustable rate mortgage.Step-by-step explanation: hope it helps

User SamIAmHarris
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