A Note on Adjustable Rate and Fixed Rate Mortgage Plans in the US
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» Understand the concept of adjustable rate mortgage loans
Adjustable Rate Mortgage, Fixed Rate Mortgage, Equated Monthly Installment, Financial Index, Constant Maturity Treasury rates, Types of ARMs, London Interbank Offered Rate, Treasury Bill, Repayment Schedule, Certificates of Deposit Index, Wachovia Cost of Savings Index, Bank Prime Loan Rate, Margin, Adjustment Period, Rate Cap
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