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Mortgages: Adjustable-Rate Mortgages (ARMs)
An adjustable-rate mortgage (ARM) has an interest rate that can change at certain points throughout the term of the loan. Most ARMs offer a fixed rate for a certain period of time (3, 5, 7, or 10 ...
Tags: interest-only ARMs  ARM interest rates  ARM characteristics  ARM drawbacks  adjustable-rate mortgages  ARMs  
www.quamut.com/quamut/mortgages/page/adjustablerate_mortgages_arms.html