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Agreed, but it does depend on your situation. For example, we knew going in that we were only going to live in our current house for 4 years. A 5 year ARM would have saved us some money in interest vs. the 30 year fixed that we got through the FHA.
Like I said, I made several mistakes in my first mortgage and am looking to not make the same mistakes this time....
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Rick
1984 911 coupe
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