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What’s A 5/25 ARM? : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures
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What’s A 5/25 ARM?

August 31st, 2008   By Peter G. Miller   Print Print   Follow On Twitter Follow on Twitter  
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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.

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