Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about variable rate: | |||||||||||||||||||||||
Disclosure Rules on Adjustable Rate Mortgages
August 5, 2002, Revised October 14, 2005 Adjustable rate mortgages (ARMs) pose the greatest challenge to a disclosure system because of their complexity, the wide array of different types, and the frequency with which they mutate. New types of ARMs appear frequently, and old types ... more... ARM Disclosures: Government Drops the Ball December 5, 2005 "What grade would you give the Federal Government in establishing disclosure rules for adjustable rate mortgages (ARMs)?" F for "flunk", because the mandated disclosures exclude the essential information borrowers need to make decisions. ... more... |
|||||||||||||||||||||||
variable 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 variable rate Finding the Best Deal on Your New Mortgage Loan California Refinance - Refinancing in California The Truth About Refinancing Student Loans Reverse Mortgage Calculator How Long Your Mortgage Runs Determines How Much You Pay Guide to Mortgages Tips for Getting Home Loans from the Right Lenders Home Loan Lenders - Finding the Best Home Mortgage Lender Home Buying 101 -- The Different Types of Mortgages First Time Home Owner Mortgage Loans
|
|
||||||||||||||||||||||
|