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Adjustable Rate Mortgages Vs Fixed Rate

Adjustable Rate Mortgages Vs Fixed Rate

The wider options available in the market for choosing the best mortgage under fixed rate mortgage and adjustable rate mortgage (ARMs) usually makes people confused.

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What Risks Do Lenders Have On Adjustable Rate Mortgages ?

What Risks Do Lenders Have On Adjustable Rate Mortgages ?

Adjustable rate mortgages, also known as ARMs, depend chiefly on the rate of interest. With the rise in interest rate, the monthly payment also rises and vice-versa.

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How Do I Notify Tenant That I Am Raising The Rent ?

How Do I Notify Tenant That I Am Raising The Rent ?

A landlord, who is intending to increase the rent, should always have a written communication with the tenant. They cannot have a verbal agreement as it may not stand legally when required. A landlord should preferably draft a new agreement with new rent stated on the agreement, and have it signed mutually with the tenant. This is the best and the safest way to increase the rent, and bring the increase into effect.

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