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Mortgage Loans - Adjustable Rates - Anyone have experiences to share?
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08-09-2004, 07:16 AM
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tingly
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Location: St. Louis, MO
As long as your balance is over $80,000 I would say a fixed rate is the wrong thing to have. The main reason a mortgage broker would advise a fixed rate is because they can get paid more off of them. I know this because I am one.
tingly
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