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Adjustable Rate Mortgage (ARM) vs. Fixed Rate Mortgage: Understanding Home Loan Options

If you’re in the market for a home loan this year, one of your first decisions will be choosing what kind of loan to take out.

The most common types of mortgage loans are adjustable-rate mortgage (ARM) and fixed-rate mortgage loans. Each of these has their own unique advantages, so the key is to choose the best home loan option for your particular situation. Let’s break it down.

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