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Reply to "does it make sesne to consider a 5/1 ARM?"
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[quote=Anonymous]Thanks all. You make really good points. Somehow those 5/1 rates seemed too good to be true, but when I think about what the interest rates could do in 5 years it is kind of scary. We will still with 30-year fixed. This may mean we have to leave S. Arlington and move further out, but it's good to have a reality check. [/quote]
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