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01/29/2007

States with the Strongest ARMS

STates with the Strongest ARMS ( adjustable-rate mortgages) according to the Mortgage Bankers Association:

1. Nevada: 43 percent

2. California: 40 percent

3. District of Columbia: 35 percent

4. Arizona: 33 percent

5. Florida: 33 percent

6. Colorado: 33 percent

7. Illinois: 28 percent

8. Washington: 27 percent

9. Maryland: 26 percent

10. Virginia: 26 percent

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