Adlustable rate mortgage in economics and finance

102 views Jan 28, 2024

Hello everyone! Welcome to today's lesson on Adjustable Rate Mortgage, commonly known as ARM. In the world of economics and finance, ARM is a term that often comes up when discussing loans and mortgages. It refers to a type of mortgage where the interest rate can fluctuate over time, as opposed to a fixed rate mortgage where the interest remains constant.

#Bank-Owned & Foreclosed Properties
#Credit & Lending
#Economics
#Loans