Posts tagged arm
Adjustable Rate Mortgages

An adjustable-rate mortgage (ARM), also known as a variable-rate mortgage or tracker mortgage, is a loan with an interest rate that can go either up or down depending on market conditions. These market conditions are based on an underlying index like the federal funds rate, treasury bills, or LIBOR.

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Home Loans, Home PurchaseHome.LoansHome.Loans, LLCAdjustable Rate Mortgage, interest rate caps, payment caps, variable rate mortgages, arm