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April 12, 2006
Home Mortgage and Financing
Every business has its jargon and residential real estate is no exception. Mark Nash author of 1001 Tips for Buying and Selling a Home shares commonly used mortgage and financing terms with home buyers and sellers. Adjustable rate mortgage (ARM): A type of mortgage loan whose interest rate is tied to an economic index, which fluctuates with the market. Typical ARM periods are one, three, five, and seven
From Home Mortgage and Financing
Posted by Richard at April 12, 2006 11:57 AM
