What does "ARM" stand for? A. Adjustable-rate mortgage B. Advised mortgage rate C. Adjusted-rate mortgage D. Amortized real mortgage

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michelleperezmp58 michelleperezmp58 · Answer 1 · 2019-08-03T19:02:48-04:00

Answer:

A. Adjustable-rate mortgage

Explanation:

An Adjustable-rate mortgage in which the interest rate applied on the out standing balance varies throughout the life of the loan

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