3/27 Adjustable-Rate Mortgage
A 3/27 adjustable-rate mortgage (ARM), commonly anointed as a 3-year ARM, is a mortgage loan with a fixed interest rate for the first three years before becoming adjustable or variable.
A 3/27 adjustable-rate mortgage (ARM), commonly anointed as a 3-year ARM, is a mortgage loan with a fixed interest rate for the first three years before becoming adjustable or variable.
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