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Bookmark or Share- Adjustable-Rate Mortgage Guide | How ARM Loans WorkAn adjustable-rate mortgage (ARM) is a type of home loan that offers a low fixed rate for the first few years, after which your interest rate and payment can...
- What Is An Adjustable-Rate Mortgage? | BankrateAn adjustable-rate mortgage, or ARM, is a home loan with an interest rate that fluctuates periodically. This means that the monthly payments can go up or down. Generally, the...
- What Is An Adjustable-Rate Mortgage? | Rocket MortgageAn adjustable-rate mortgage (ARM), also called a variable-rate mortgage, is a home loan with an interest rate that adjusts over time based on the market. ARMs typically have a lower initial interest rate than fixed-rate mortgages, so an ARM is a great option if your goal is to get the lowest possible mortgage rate starting out.
- Adjustable-Rate Mortgage: Pros and Cons - NerdWalletAn adjustable-rate mortgage, or ARM, is a home loan that starts with a low fixed-interest "teaser" rate for five to 10 years, followed by periodic rate...
- What is an Adjustable-Rate Mortgage (ARM)? | LendingTreeAn adjustable-rate mortgage is a home loan with an interest rate that changes during the loan term. Most ARMs feature low initial or “teaser” ARM rates that are fixed for a set period of time lasting three, five or seven years. Once the initial teaser-rate period ends, the adjustable-rate period begins.
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