Adjustable Rate Mortgages

Part of Barron’s Financial Tables for Better Money Management series, this book answers many questions borrowers need to know about adjustable rate mortgages, as a help to buyers in selecting the most suitable type of loan for their circumstances. Includes sections on types of loans available, how an ARM loan works, loan comparisons, understanding index values and more. Tables include monthly payments under a variety of interest rate scenarios and payment adjustments. A glossary is included along with practical information for better decision making. Author: Jack P. Friedman, Ph.D., CRE.