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Mortgage Professor about arm rates: | |||||||||||||||||||||||
When Are Adjustable Rate Mortgages a Good Buy?
December 3, 2001 "With interest rates at historically low levels, I advise my clients to avoid adjustable rate mortgages (ARMs). Do you agree?" No. In the current market, some ARMs are unusually attractive for borrowers who can handle the risk. The market today ... more... Sample Rates and Payments I Scenarios Adjustable rate mortgages (ARMs) are best analyzed using scenarios. A scenario is an assumption about how interest rates will behave in the future. We use 5 scenarios: No Change means the index used by the ARM does not change over the life of the ... more... |
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arm rates related definitions |
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Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... Adjustable Rate Mortgage, ARM Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... |
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