Adjustable-Rate Mortgage (ARM)
An adjustable-rate mortgage (ARM) is a type of mortgage loan with an interest rate that can change throughout its life. The interest rate is tied to a particular index; as the index change, so does your interest rate.
An adjustable-rate mortgage (ARM) is a type of mortgage loan with an interest rate that can change throughout its life. The interest rate is tied to a particular index; as the index change, so does your interest rate.