What Is A Arm Loan
Contents Offers. adjustable rate mortgage 5/1 arm mortgage Benchmark mortgage rates climbed today. Benchmark mortgage rates 15-year fixed mortgages Rate hike cycle Adjustable rate mortgages (ARM loans) have a set interest rate, which adjusts annually thereafter. The set rate period for ARM loans can last for 3, 5, 7, or 10 years. ARM loans are […]