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conversion : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "conversion"

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How does an ARM conversion program work?

Many ARMs come with conversion programs. For a fee, say $250 to $500, you can convert to a fixed-rate. The conversion rate won’t be the best in the world, it’s typically about 5/8ths of a point higher than a given index, but it may be better than the fixed rate at the time you applied [...]

31Aug2008 | | 0 comments | Continued