Whether you are a first-time home buyer or seeking a mortgage refinance, both the basic varieties of amortized loans include the fixed rate mortgage (FRM) and adjustable-rate mortgage (ARM) (often known as a floating rate or variable rate …

Whether you are first-time home buyer or searching for a mortgage refinance, both the basic kinds of amortized loans are definitely the fixed rate mortgage (FRM) and adjustable-rate mortgage (ARM) (also referred to as a floating rate or va…