Anonymous
8/11/2025, 1:42:19 PM No.717824210
>I want to know more about variable-rate mortgages.
>Bad idea. Though attractive to the first-time homeowner, the rate reacts wildly to fluctuations in the market and can work against the buyer over time. You're best off starting with a 20 percent down payment and a variable-rate mortgage, then refinancing at a fixed rate after one or two years, as the market warrants.
Is she right?
>Bad idea. Though attractive to the first-time homeowner, the rate reacts wildly to fluctuations in the market and can work against the buyer over time. You're best off starting with a 20 percent down payment and a variable-rate mortgage, then refinancing at a fixed rate after one or two years, as the market warrants.
Is she right?
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