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What is the downside story? That would be a global recession. Plains All American Pipeline [PAA] is crude-oil focused, with exposure to the Permian. It yields 5.1% and has no need to issue equity.

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A 5/1 ARM is a type of hybrid mortgage where your interest is fixed for the first five years of the term and adjusts annually thereafter. With 5/1 ARMs, you have a low initial rate, but you risk your mortgage payments going up after year five.

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The VA 5/1 ARM will have a set interest rate for the first five years of the loan and then will adjust every year after that for the remaining twenty-five years of the loan. Because of this, the initial rates will likely be lower than standard ARMs and even may be a little different than the other options for hybrid ARMs.

The 5/1 ARM is the most popular of the hybrid ARMS, according to Realtor.com. Due to the increased risk associated with fluctuating payments, 5/1 ARMS usually have lower introductory interest rates than traditional 30-year fixed-rate mortgages. What is a 5/1 ARM?

What Is 5 1 Arm – Submit quick loan refinancing application online and make it easier than ever. Refinancing your mortgage loan or home equity could save you money. This difference between the interest rate is large enough that it is likely to make for what you will pay in refinancing costs.

It doesn’t hurt that hybrid ARM rates have not been this low since 1993. The 5-1 ARMs are 75 basis points below the 30. and have a smaller payment. This is exactly what is causing concern. "It.

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