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adjustable-rate

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 years), after which the rate adjusts to match current interest rates. Whenever the Read more…

By admin, 2 yearsJune 3, 2021 ago
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