#6. Fixed (FRM) vs. Adjustable Rate Mortgage (ARM) Calculator:
Adjustable rate mortgages, with interest rates that changes over the life of the loan have received a lion's share of 'bad press.' because of the recent 'mortgage meltdown.' The truth is, ARMs, in certain situations, can be an invaluable investment tool. Whether you opt for a 'fixed loan' or ARM depends on both your ability and willingness to take a calculated financial risk. OurValleyHomes will help make your choice easier and tell you just how much more your adjusted rate payments could be?
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