Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about cosi rate: | |||||||||||||||||||||||
How to Shop For an Option ARM
18 July 2005 "I want the low payments that are available on an option ARM, but I don?t know what I should be looking for in shopping for one. Can you help?" Reluctantly. I don?t much like the option ARM because of its complexity and hidden booby traps. However, ... more... Which Adjustable Rate Mortgage Index Is the Best? February 7, 2000 "Could you tell me which ARM index is best for the borrower, and why?" An ARM's index is used to set the interest rate, subject to any rate caps, after the initial rate period ends. For example, a ... more... |
|||||||||||||||||||||||
cosi rate related definitions |
|||||||||||||||||||||||
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... 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... |
|||||||||||||||||||||||
More about cosi rate Mortgage Glossary - A Glossary of Mortgage Terms You Should Know Fixed Rate Mortgage Loans - Understand the Pros and Cons of the Fixed Rate Mortgage Buy to Let Mortgages Tips for Choosing a Commercial Mortgage Home Loan Interest Rates What Are The Key Features Of Fixed Rate And ARM's? Secured Homeowner Loans to Reiterate that a Home Provides More than a Roof Over Your Head Types of Mortgage Interest Rate Exotic Mortgage Adjustable vs Fixed Rate Mortgages Hidden Bank Loan Charges That Would Make a Pick-Pocket Envious
|
|
||||||||||||||||||||||
|