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  • 03-08-2019
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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 michelleperezmp58
  • 04-08-2019

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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