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Business, 09.10.2019 21:30 jessicasbss6840

Your friend chose an arm for the purchase of their new home. they would like to determine what the payment schedule will be. you decide to and determine the following information to you provide the answer. the current libor rate is 5.5%. the mortgage is a 15 year 1/1 arm 2/1/3. fees are $995 and there are no points. the purchase price of the home is $195,000 and the ltv of the mortgage is 70%. you expect that prime will be

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