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2. Fixed vs. adjustable-rate mortgage (ARM): What’s the ... - AOL

   www.aol.com/finance/fixed-vs-adjustable-rate...

   Understanding fixed-rate vs. adjustable-rate mortgages ... so your monthly loan principal and interest payment won’t change unless you refinance. Fixed-rate mortgages typically come in 30-year ...

3. Refinancing your ARM into a fixed-rate mortgage - AOL

   www.aol.com/finance/refinancing-arm-fixed-rate...

   Here are the main benefits of refinancing an ARM to a fixed-rate mortgage: Your payments are always the same: A fixed-rate mortgage gives you the certainty of predictable payments.Rather than ...

4. 10/1 or 10/6 ARM vs. 30-year fixed-rate mortgage - AOL

   www.aol.com/finance/10-1-10-6-arm-184112490.html

   Both types of ARMs (the 10/1 and the 10/6) and the 30-year fixed mortgage are loans with 30-year terms. The key difference lies in how their interest rates change. ... 10/1 or 10/6 ARM vs. 30 year ...

5. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   5/6 and 5/1 ARMs: 5/6 and 5/1 ARMs offer a fixed intro rate for the first five years of the mortgage, then switch to an adjustable rate for the remaining 25 years. 5/6 ARMs adjust every six months ...

6. Adjustable-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Adjustable-rate_mortgage

   Hybrid ARMs are referred to by their initial fixed-rate and adjustable-rate periods, for example, 3/1, is for an ARM with a 3-year fixed interest-rate period and subsequent 1-year interest-rate adjustment periods. The date that a hybrid ARM shifts from a fixed-rate payment schedule to an adjusting payment schedule is known as the reset date ...

7. Pros and cons of an adjustable-rate mortgage (ARM) - AOL

   www.aol.com/finance/pros-cons-adjustable-rate...

   An adjustable-rate mortgage (ARM) has an initial fixed interest rate period, typically for three, five, seven or 10 years. Once that period ends, the interest rate adjusts at preset times for the ...