> Real Estate Glossary




  Adjustable-Rate Mortgage (ARM)

A mortgage that permits the lender to adjust its interest rate periodically on the basis of changes in a specified index.

 

[ Back To Real Estate Glossary ]

"It's Simple, I Listen."


Residential Listings | Lots / Land | Commercial | See "Sold!" Listings | Contact Diane | Home

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu