Archives

Posts Tagged ‘Index Rate’

Adjustable rate mortgages (ARMs) have been a popular form of mortgage financing in recent years. These mortgages start out at low rates for a set period; then adjust along with the index to which they are tied. As interest rates go up, so do the monthly payments.The index to which the interest rate is tied [...]

Comments Off
Sep 22nd, 2009 | Filed under Mortgages