Categories
- Beauty & Style
- Computers & Tech
- Education & School
- Entertainment
- Environmental Issues
- Food & Dining
- FunAdvice Community
- Gaming & Games
- General Knowledge
- Health
- Home & Garden
- Jobs & Money
- Kids
- Love & Relationships
- Music
- Nutrition & Fitness
- Parents & Family
- Pets & Animals
- Politics
- Religion & Spirituality
- Science
- Shopping
- Sports
- Travel
- Writing & Literature
Annually Rationalized Money...not quite.
ARM = adjustable rate mortgage. The primary difference between ARM and traditional mortgage is that ARM goes up down based on the prime rate. Fixed mortgages, or traditional mortgages, give you the same rate for the period of the loan. ARM mortgages, as I understand it, are best when the market is going UP or interest rates are forcast to go down.
Hope this helps.
Answer this Question: "What does ARM stand for anyway?"
Popular questions related to What does ARM stand for anyway?
- Is there any way to stop my floors from creaking?
- Is there really nothing that takes grease stains out?
- My Money Tree Plant
- Free standing stairs
- how do you decorate a 14 year old girl's room?
- Removing dark stain for refinishing a table
- What is making my bathroom stink?
- Ugly lawns, what to do with them.
- How to level mobile home
- Is there a way to get rid of water stains?
- Standing Rain Water
- room ideas
- save frost bitten rubber tree
- Can I vacuum up a crushed light bulb?
- Ergonomic watering can
- Small Rutgers Tomatos
Share this question
Copy and paste this code:It will display on your blog or site like this:
What does arm stand for anyway?
What does arm stand for anyway?
There's another question here on funadvice about arm mortgages...I haven't done the real estate thing before, and I'm wondering what that acronym means? Annually Rationalized Money? An Reversible Mortgage...no, that wouldn't make sense. Can somebody help...
me on this one?