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JumpCrisscross
on Jan 15, 2025
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WTF Happened in 1971? (2019)
I assume they have a floating-rate loan [1].
[1]
https://www.investopedia.com/terms/a/arm.asp
toshinoriyagi
on Jan 15, 2025
[–]
Yeah, that's what I meant by variable rate, but ARM is the appropriate term. Thanks.
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[1] https://www.investopedia.com/terms/a/arm.asp