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Adjustable Rate Mortgage
Adjustable Rate Mortgage. Definition: An adjustable rate mortgage (ARM) is a mortgage where your interest rate and monthly payment vary over time. The opposite of an adjustable rate mortgage is a fixed rate mortgage.

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Adjustable Rate Mortgage Loan Programs
An Adjustable Rate Mortgage (ARM) loan is any mortgage loan program that allows the lender to periodically reset or adjust the loan's interest rate, according to agreed measurements and at pre-set periods. Don't worry, though.

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