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What are the major advantages and disadvantages of arms

Question: What are the major advantages and disadvantages of ARMs from the borrower's and lender's perspective? How does an ARM subject the lender to less interest rate risk than does a CPM? In what economic circumstances (e.g., interest rate environment) will ARMs be most useful?

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Finance Basics: What are the major advantages and disadvantages of arms

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Finance Basics: What are the major advantages and disadvantages of arms

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