Adjustable-rate mortgage: Difference between revisions
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imported>Doug Williamson (Add abbreviation.) |
imported>Doug Williamson (amended) |
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(ARM). | |||
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A mortgage loan on which the interest rate is changed periodically, based on a reference rate. | A mortgage loan on which the interest rate is changed periodically, based on a reference rate. | ||
Revision as of 11:58, 26 October 2016
(ARM).
US.
A mortgage loan on which the interest rate is changed periodically, based on a reference rate.
