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 Copyright © 2008 Barnes & Noble, Inc. |