What is a 5 1 Arm?

Answer

A 5/1 arm is an adjustable rate mortgage (arm) which is used to purchase or refinance a home. The 5 refers to the number of years that the interest rate is fixed. After the initially 5 year period the interest rate adjusts (goes up or down) annually
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Q&A Related to "What is a 5 1 Arm?"
1 2 3 4 // declare and set the variable named "today" // to today's weekday name var today = "Thursday" You're not supposed to grab today's date programmatically
http://www.quora.com/Codecademy/What-is-the-soluti...
well the lets start with the middle numbers (be sure to put it in the order I give u) 4 5 1 3 the box to your right put the 6 in the left box put the number 2 in. simple.
http://wiki.answers.com/Q/What_is_the_solution_to_...
1. Decide on a total mass for the solution. For instance, you might want to produce 500g of solution. 2. Multiply the solution's total mass by 0.01. In our example, 500 x 0.01 = 5
http://www.ehow.com/how_8117202_calculate-solution...
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