Where's the Risk in Adjustable Rate Mortgages?

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The lower your interest rate, more money you process in a month

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Where's the Risk in Adjustable Rate Mortgages?.

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Corporate bonds can be callable by the issuer. This is normally not a good feature for investors, because an issue is normally called when interest rates are low - lower than your coupon rate. The main reason debentures or bonds in general are called, is because the issuer wants to refinance their debt at a lower rate.

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