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2. Adjustable-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Adjustable-rate_mortgage

   A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. [1] The loan may be offered at the lender's standard variable rate/base rate. There may be a direct ...

3. 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 ...

4. 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 ...

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

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

   An adjustable-rate mortgage has an interest rate that changes at set intervals after a fixed-rate introductory period. Intro periods are most commonly three, five, seven or 10 years.

6. Fixed-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Fixed-rate_mortgage

   A fixed-rate mortgage (FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or "float". As a result, payment amounts and the duration of the loan are fixed and the person who is responsible for paying back the loan benefits from a ...

7. Negative amortization - Wikipedia

   en.wikipedia.org/wiki/Negative_amortization

   These loans tend to be safer in a falling rate market and riskier in a rising rate market. Start rates on negative amortization or minimum payment option loans can be as low as 1%. This is the payment rate, not the actual interest rate. The payment rate is used to calculate the minimum payment. Other minimum payment options include 1.95% or more.

8. Fixed vs. variable interest rates: How these rate types work ...

   www.aol.com/finance/fixed-vs-variable-interest...

   Here’s a list of the types of products that can come with variable interest rates: Adjustable-rate mortgages. Home equity lines of credit. High-yield savings accounts. High-yield checking accounts.

9. Adjustment (law) - Wikipedia

   en.wikipedia.org/wiki/Adjustment_(law)

   Price Level Adjusted Mortgage; P.L.A.M: Mortgage allowing a buyer to pay a fixed rate of real interest on a principal that is adjusted for inflation every year. Adjustable Rate Mortgage; A.R.M.; Variable Rate Mortgage: Mortgage with an interest rate which changes based on a method stated in the mortgage.