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Adjustable Rate Mortgages
A mortgage where the interest rate on the remaining balance changes over the duration of the loan.
Mortgage Default
Occurs when a borrower fails to make required payments on their mortgage loan, risking foreclosure and loss of property.
Economic Crisis
A situation in which a country experiences a severe downturn in its economy, characterized by a significant decline in economic activity, high unemployment, and financial instability.
Consumer Ratings Magazines
are publications that evaluate and review products and services based on various parameters to guide consumer decisions.
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