Welcome, Guest. (Login or Register)
  
Carolyn Streva
Your Real Estate Specialist
Real Estate 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: March 15th, 2010 at 1:48 PM Translate: Spanish French German Italian Portuguese Chinese (Simplified) Japanese Korean Russian

© Copyright 2009 Carolyn Streva Powered by ION-E Realty Manager