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2) Higher Comparable Interest Rates:<\/b> If you are not planning to be in the same home for a long period, you can likely get a better interest rate for the time you will be there by choosing the adjustable rate mortgage.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n
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3) Difficult to Qualify:<\/b> Because the payment is higher and the closing costs greater, those with a low credit score or planning to make a smaller down payment may have difficulty getting a good deal.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t