All Posts Tagged With: "5/25"
What’s A 5/25 ARM?
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 [...]
31Aug2008 | Peter G. Miller | 0 comments | Continued
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