An Assumable Low Rate Fixed Rate Loan Can Boost Resale Value and Lead to a Quick Sale

ARMs for the short run usually make sense. But before you choose, compare the ARM to the short-term advantages you might achieve with an assumable fixed-rate loan. Say that at the time you buy, interest rates sit near their ebb. Everyone says, "Now's a great time to buy." But you expect your employer will transfer you within three to seven years, or that you will move for some other reason. Should you buy, and if so, should you go for an ARM or a fixed rate?3 As to buying, that answer is easy. Absolutely. Please permit a digression.

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