With a $250000 10/1 ARM mortgage, and a start rate of 2.5%, what will my rate be in 3 years?

by admin on June 10, 2009

If I take out a 0000 10/1 ARM mortgage today, with a starting interest rate of 2.5% and a maximum rate of 10% what would my rate be in 3 years if interest rates stay where they are now? The 2.5% is just a teaser rate. It's not the 10 year rate. What would the rate

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