An ARM mortgage has an interest rate that changes,thus the payment throughout the life of the loan will change.

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An ARM mortgage, or adjustable rate mortgage, typically has an initial fixed interest rate for a certain period of time (such as 5, 7, or 10 years), after which the interest rate can change periodically based on market conditions. This means that the payment amount will likely change over the life of the loan.

An ARM Mortgage Has an Interest Rate That Changes,thus the Payment