How to compute the rate on an Adjustable Rate Mortgage

Описание к видео How to compute the rate on an Adjustable Rate Mortgage

How to compute and ARM loan interest rate for borrowers. In this video you will learn about the components that make up an ARM Loan' to include the fully indexed rate, Start Rate and how CAPS play a role in pricing.

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0:00 How do ARMs work
0:12 What dictates the interest rate
0:52 How to compute the Fully Indexed Rate
1:17 What about caps
2:27 That's a wrap

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