| Buying a home in today's marketplace is a bit intimidating. |
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| Written by Webmaster | |
| Sunday, 21 March 2010 | |
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Adjustable Rate Mortgage (ARM) Also referred to as a Variable Rate Mortgage. A mortgage in which the interest rate is new real estate adjusted periodically based on a pre-selected index. Annual Percentage Rate (APR) An interest rate that reflects the cost of a mortgage as a yearly rate. This rate takes into real commercial estate account any points and fees and is based on the loan going to it's full-term. |
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| Last Updated ( Sunday, 21 March 2010 ) |
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