Mathematics, 11.12.2020 08:00 erichenkell2280

What do balloon mortgage and ARM have in common? A. Both have variable initial rate and payment amount. B. Both are subject to current market rate after the initial rate period. C. Both automatically adjust after the initial period. D. Both have interest rates higher than fixed rate.

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What do balloon mortgage and ARM have in common? A. Both have variable initial rate and payment amou...