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Debt Destroy

Fixed Rate or ARM?


JeanLorie Rep Points: 545
Posted on November 25, 2007 at 1:31 pm
Personally, I have always gone with a fixed rate mortgage.  ARMs make me nervous, although I understand they can be appropriate for people who do not plan to remain in their home for a long period of time.  Have you ever had an ARM, and if so, did it work out well for you?