Welcome, Guest. (Login or Register)
  
Chandra Hall
Dictionary

adjustable-rate mortgage (ARM)

A mortgage in which the interest changes periodically, according to corresponding fluctuations in an index. All ARMs are tied to indexes.

Last Updated: January 7th, 2009 at 4:15 AM Translate: Spanish French German Italian Portuguese Chinese (Simplified) Japanese Korean Russian

© Copyright 2008 Chandra Hall Powered by ION-E Realty Manager