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If I had a client that was trying to decide between an adjustable-rate mortgage and a
fixed rate mortgage, basically the first question ask them is how long
are they planning on being in the property. People that plan on being there for more than five
years I would definitely say pick a fixed rate. But if they're just buying
something like a condo in the city and know that they are going to move out to the suburbs in a few
years I would say, go with an ARM
because you might as well save some money for that down payment on that
large a homemaker later on.