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Posts tagged 5/6 Adjustable Rate Mortgage

5/6 ARM: 5/6 Adjustable Rate Mortgage in Home Loans

A 5/6 ARM is a kind of hybrid adjustable-rate mortgage in which the fixed interest rate period of the mortgage lasts for 5 years. After the fixed-rate period is over, the variable-interest rate part of the mortgage begins.

Home LoansHome.LoansApril 13, 2018Home.Loan, LLCARM, Adjustable Rate Mortgage, Variable Rate Mortgage, Hybrid ARM, 5/6 ARM, 5/6 Adjustable Rate Mortgage

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