OurBroker Logo
Have A Consumer Real Estate Question?  Please Press Here.
What’s A 5/25 ARM? : Refinance, Home Mortgage Loans & Rates, Home Equity Loan

What’s A 5/25 ARM?

August 31st, 2008   By Peter G. Miller   Print This Post Print This Post
feature photo

An ARM is a loan product with payments and interest rates that adjust at certain intervals. A fixed-rate loan has one interest rate and a set monthly payment for the life of the loan.

A 5/25 ARM is a loan product with a fixed rate during its first five years, and then an adjustable rate for the 25 years of the remaining loan term.

Share and Enjoy:
  • Facebook
  • MySpace
  • StumbleUpon
  • Technorati
  • Reddit
  • Digg
  • del.icio.us
  • LinkedIn
  • Yahoo! Bookmarks
  • Google Bookmarks
  • Yahoo! Buzz
  • MSN Reporter

Post to Twitter

Technorati Tags: 5/25, adjustable, ARM, fixed, mortgage

TurboTax - Do your Taxes for Free - It's Easy


Have a real estate question for newspaper readers nationwide? Financing? Buying? Selling? Foreclosures? Press here to ask your question.

Copyright 2008 Peter G. Miller. All Rights Reserved. Reproduction of this material
online or off without express written permission is illegal,
however direct links to this page are welcome.
 

Print This Post Print This Post

Related Links

Post a Response