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2022 Hot (and not) Holiday Tech with CNET's Bridget Carey

The Stacking Benjamins Show

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ARM vs 30 Year Fixed Mortgage

Austin from Minneapolis is looking at an ARM versus a 30 year fixed mortgage. The ARM is around 5.2% for seven years before the first adjustment while the 30 year is at 6% fixed. Should he lock in what's considered a relatively good rate of 6% or save over $200 per month for seven years named refinance?

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