Ask Question
EnglishEnglish
20 June, 10:20

What is an advantage of an adjustable-rate mortgage?

+2
Answers (1)
  1. 20 June, 13:43
    0
    The interest rate on an ARM is fixed for a period of five or seven years. After the fixed-rate period, your interest rate can adjust up or down depending on current market conditions ... Interest rates are typically lower than fixed-rate mortgages, which means you'll enjoy a lower monthly payment during the fixed period.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is an advantage of an adjustable-rate mortgage? ...” in 📘 English if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Are the people happy about Macbeth's rule? Why or why not? With a partner, discuss what is revealed about the way in which Macbeth governs. Cite specific textual evidence from the play to support your ideas.
Answers (1)
A harried quarry might feel -imperious and ramshackled -melancholic and carnivorous -harassed and hunted
Answers (2)
Do you think it is best to have a college degree? Yes or No? Why?
Answers (1)
Which of the following events directly result from Romeo's killing of Tybalt? Select all that apply.
Answers (1)
How is concrete like chocolate
Answers (1)
New Questions in English
Which best identifies a characteristic of historical fiction? A. Has a rhythm and rhyme scheme B. Everything is assumed to be factual C. Tells the story of a person told by that same person D. Blends Facts with fiction
Answers (2)
What does the speaker mean by the word intimate?
Answers (1)
Which one of the following sentences contains a collective noun? A. The legislature met in secret session. B. Listen, my children, and you shall hear. C. Who among you is a butcher, a baker, or a candlestick maker? D.
Answers (1)
What is Juliet saying? What can we tell about her from this? Hist! Romeo, hist! O for a falc'ner's voice To lure this tassel gentle back again!
Answers (1)
If the writer paraphrases an opinion that she has read rather than reached independently, she is not required to cite the source. True False
Answers (1)
Home » English » What is an advantage of an adjustable-rate mortgage?
Sign Up Forgot Password?