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janinameredith
janinameredith  created a new article
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What is An Adjustable-Rate Mortgage (ARM)? | #homes

What is An Adjustable-Rate Mortgage (ARM)?
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What is An Adjustable-Rate Mortgage (ARM)?

An adjustable-rate mortgage (ARM) is a kind of variable home loan that sees mortgage payments vary increasing or down based upon modifications to the loan provider's prime rate.