A 5 year arm, also known as a 5/1 ARM, is a hybrid mortgage. A hybrid mortgage combines features from an adjustable rate mortgage (ARM) and a fixed mortgage. It begins with a fixed rate for a specified number of years, but then changes to an ARM with the rate changing every year for the rest of the term of the loan.
Arm Rates Mortgage Understanding Arm Loans Adjustable rate mortgages ARMs | Housing | Finance & Capital. – This tutorial explains what a mortgage is and then actually does some math to figure out what your payments are (the last video is quite mathy so consider it optional).Current Index Rate For Arm Adjustable-Rate Mortgages (ARM) – Interest Rates, Index Rate. – ARM: Margin. To determine the interest rate on an ARM, lenders add to the index rate a few percentage points, called the "margin." The amount of the margin may differ from one lender to another, but it is usually constant over the life of the loan. Index rate + margin = arm interest rateMovie About Mortgage Crisis 2015 The 10 Best Movies About The Financial Crisis Taste of. – The 10 Best Movies About The financial crisis 16 april 2016 | Features , Film Lists | by Brian Brems It’s hard to overstate the cataclysmic impact of the 2008 global financial crisis on the economy of the United States and the rest of the world.