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  2. Money market account vs. checking account: What’s the ... - AOL

    www.aol.com/finance/money-market-account-vs...

    Pros and cons of a money market account. Money market accounts offer several benefits, such as higher interest rates compared to regular savings or checking accounts, ...

  3. What is fixed income investing? Consider these pros and cons

    www.aol.com/finance/fixed-income-investing...

    The rule in bonds is that when interest rates rise, bond prices fall. So, let’s say you paid $2,000 for a 10-year bond with a 3 percent interest rate. So, let’s say you paid $2,000 for a 10 ...

  4. Adjustable-rate mortgages: What they are and how they work - AOL

    www.aol.com/finance/adjustable-rate-mortgages...

    Cons of adjustable-rate mortgages. Higher monthly payment after the intro period. Your interest rate and monthly payments might rise, and to an unaffordable level, even with the cap limit. More ...

  5. Mortgage refinance: What is it and how does it work? - AOL

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    You can get a lower interest rate. ... Pros and cons of mortgage refinance. Green circle with a checkmark inside. Pros of mortgage refinance. You could lower your interest rate.

  6. What is a 10/1 adjustable-rate mortgage (ARM)? - AOL

    www.aol.com/finance/10-1-adjustable-rate...

    A 10/1 adjustable-rate mortgage has a fixed interest rate for the first 10 years, then it changes annually for the remainder of the 30-year term. ... A 10/1 ARM has pros and cons, just like any ...

  7. What is an interest-only mortgage and how does it work? - AOL

    www.aol.com/finance/interest-only-mortgage-does...

    Here are some pros and cons: Pros of interest-only mortgages. ... You’ll be at the mercy of market interest rates. If rates have risen since the loan originated, when the intro period ends, you ...

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