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2. 10/1 or 10/6 ARM vs. 30-year fixed-rate mortgage - AOL

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

   Let’s compare the costs of a 10/1 ARM with a 30-year fixed-rate mortgage. For this example, we’ll use a loan of $350,000 with a rate of 6.49 percent for the ARM and 6.99 percent for the 30 ...

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

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

   The biggest difference: A fixed-rate mortgage carries the same interest rate for the life of the loan, while adjustable-rate mortgage’s interest changes at set intervals (after a fixed-rate ...

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

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

   10/6 and 10/1 ARMs: 10/6 and 10/1 ARMs have a fixed intro rate for the first 10 years of the mortgage, then move to an adjustable rate for the remaining 20 years. 10/6 ARMs adjust every six months ...

5. 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 ...

6. Mortgage Confidential: ARM v. FRM - AOL

   www.aol.com/news/2008-04-17-mortgage...

   A: Adam: ARM stands for Adjustable Rate Mortgage and FRM stands for Fixed Rate Mortgage. An ARM can fluctuate in rate throughout the course of a loan term while a fixed rate never changes.

7. What is a 10/1 adjustable-rate mortgage (ARM)? - AOL

   www.aol.com/finance/10-1-adjustable-rate...

   10/1 ARM vs. 5/1 ARM. A 5/1 ARM works in much the same way as a 10/1 ARM, but the initial, fixed-rate period is shorter – just five years. Generally, the interest rate on the 10/1 will be a ...