The Main Problem with an Adjustable Rate Mortgage (ARM)is That

question 85

Multiple Choice

The main problem with an adjustable rate mortgage (ARM) is that:

• A)you have to pay the same interest rate as in a fixed-rate mortgage plus 10 percent.
• B)it makes planning and budgeting difficult because you don't know when the rate will change.
• C)when the rate adjusts upward your house payment goes down.
• D)when the prime rate falls,so does your mortgage interest rate.

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Definitions:

Cervical Region

The section of the spine located in the neck, consisting of the first seven vertebrae.

Anterior To The Trachea

This refers to structures located in front of the trachea, typically in the context of anatomical positioning.

Posterior To The Liver

Located behind the liver, referring to the spatial relationship of organs or structures within the body.

Posterior To The Stomach

Located behind the stomach, referring to anatomical structures that are situated toward the back of the human body in relation to the stomach.