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21 December, 05:06

The hybrid ARM attempts to balance the fixed payment desire of a borrower with the lender's desire to increase interest rates if market rates rise in the future. In its most common form, known as a 2-28, the hybrid ARM will have a fixed-interest rate for:

2 years T/F

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  1. 21 December, 05:19
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    Answer: Interest rate of 14%

    Explanation:if market rates rise in the future. In its most common form, known as a 2-28, the hybrid ARM will have a fixed-interest rate for:

    2 years T/F, definitely interest rate is 14 percent.
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