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[2001-09-20] Fixed vs. Adjustable: Which Mortgage Is Right for You?
Talking about Money with Jim Larranaga (ARA) - You've spent months combing real estate ads, countless weekends touring open houses, and days waiting for your offer to be accepted. You're just steps away from your dream home with one hurdle left -- your mortgage. With so many options, you could spend even more precious time trying to choose the right one for you. Most mortgages, however, can be narrowed down to two types: fixed-rate and adjustable-rate.