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Old 12-10-2008, 05:31 AM  
camgirlshide
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Join Date: Jan 2005
Posts: 1,558
ing direct 5/1 arm is 5.25% and their apy which takes into account the rate after it adjusts assuming you get the current rate for the next 25 years is 5.15%
Closing cost is also very low making it a really nice deal depending on how long you plan on staying in your home, your current rate, and your feel for the market.
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