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An Adjustable Rate Mortgage (Arm), Also Known As A Variable Rate Mortgage Or Floating Rate Mortgage.

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An Adjustable Rate Mortgage (ARM), also known as a variable rate mortgage or floating rate mortgage.

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KEYWORDS

arm mortgage loan rate adjustable financing home borrowing lender borrower housing property house real estate payment principal refinance credit debt market finance terms variable index fluctuating initial period fixed cap reset amortization teaser conditions increase decrease term risk hike cut adjustment hybrid periodic fluctuation floating mortgage

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