mushiroom mushiroom

Today at 6:04 AM
Social Studies

Answered

Which of these describes how a 5/1 ARM mortgage works?

Answer :

amarchant2026 amarchant2026

Today at 6:08 AM

Answer:

An adjustable-rate mortgage (ARM) is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan. With an adjustable-rate mortgage, the initial interest rate is fixed for a period of time.

Explanation:

Answer Link

Other Questions

Which set of numbers includes only integers? a.)Negative 5, negative 3 and one-fourth, 1, one-eighth b.)Negative 3, negative 2, 2, 3 c.)Negative 6, negative 4,

How did the Work Progress Administration affect employment for young people?

In the graph increasing, decreasing, or constant?

Which of the following best explains why Germans and Italians gave up their civil liberties and embraced totalitarianism?

What is the answer to this

Em contraponto a uma interpretação idealizada, o texto apont

What is the critical part of our body

Lockdown k pravaw ke uppar ak sanwad

88. Goods and service tax was firstmentioned in the budget of the year(1) 2010-11(2) 2007 - 08(3) 2017 - 18(4) 2016-17

Which of the following is/are not function of the Election Commissioner of india ? A. EC takes decision on every aspect of conduct and control of elections. B.

What was spidermans mutagen ?

how much of the electro magnetic spectrum is visible to us

Which statement best approximates the main ideas of this section? Planning is important in all language activities. Recognition of author's intent and the organ

tempestuous most likely means

Question 5 of 5 What did the police do to try to stop people from panicking after hearing the radio version of The War of the Worlds? A. Helped people pack thei

x = 4y + 3, 2x + y = -3 System of Equations

A reaction produces 0.883 moles of H₂O. How many molecules are produced?

How does work affect energy between objects so it can cause a change in the form of energy? A. Work transfers energy. B. Work changes energy. C. Work increases

Select the correct answer. Maria is discussing with her friend who lives across the country her no-fault divorce fror situation and wants to provide Maria with

How is this excerpt structured? O cause and effect Ochronology O problem and solution O answer