Financial Term of the Week

A new feature of our blog designed to deal with the changing market situation. Here is your financial term of the week:

Option ARM: Mortgage that permits the borrower to choose from among several types of repayment arrangements.

Our free newsletter “The Pocket MBA” has more information here: http://inbrief.pli.edu/the_pocket_mba/index.html for the curious and information seeking. Always a good source of financial information, The Pocket MBA has up to date articles and breaks the market down into easily understandable bits for your perusal.

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