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| Which plan has the lowest rate? |
Which plan has the lowest rate?
The 30 year will have the highest at first, BUt ARMS can be higher once their constant interest rate is up.
Lowest are the interest only and arms at first, but after their constant interest rate is up, then the 15 year mortgage usually has a better rate at that time. So you need to evaluate what you are looking for and what you want to do.
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