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A bank offers a mortgage that lists 2% interest for the first year of the loan. This rate might increase in future years if the loan has a(n)

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User Dave Sag
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7 votes

Answer: adjustable rate

Step-by-step explanation:

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User Federico Nafria
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A bank offers a mortgage that lists 2% interest for the first year of the loan. This rate might increase in future years if the loan has a(n) "unpaid or balance amount." Or another option is that the rate might increase if there's another that is mortgaged or the agreement is changed.
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User Abecee
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