Important relevant mortgage news you can use. Every post is typed by Michael Hansen, a California Mortgage Broker, unless another credit is mentioned.
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October 28, 2021
What Is A 7/6 ARM?
7/6 ARM: A 7/6 ARM loan has a fixed rate of interest for the first 7 years of the loan. After that, the interest rate will adjust once every 6 months over the remaining 23 years.
