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The 30-year fixed rate mortgage isn't such the no-brainer anymore. After thoroughly thumping the interest rates on an equivalent 5-year ARM since December, the 30-year fixed has reclaimed its honor as "Most Expensive Mortgage Product". The chart shows the difference as a half-percent, but real-life pricing puts it closer to 1.000%. Right now, adjustable rate mortgages are very attractive to the right type of homeowner