How is the arm interest rate figured?

Answer ARM is short for adjustable rate mortgage. An ARM is a loan taken out to pay for your home that has an interest rate that changes over the life of the loan.Index RateEach ARM is tied to an interest... Read More »

Top Q&A For: How is the arm interest rate figured

Is mortgage interest figured differently than revolving interest?

Mortgage interest rates are calculated differently than revolving rates, because property secures mortgages. Banks can foreclose or seize real estate to make good on missed payments. Revolving debt... Read More »

How To Replace a High Interest Rate Credit Card With a Low Interest Rate Card?

Many consumers sign up for a specific credit card because they were offered an attractive introductory interest rate. The problem with introductory rates is that they eventually increase. Before yo... Read More »

Is credit card interest tied to the prime interest rate?

According to the Federal Reserve, some variable-rate credit cards base their interest rate on the prime interest rate. However, other rates can also be used, such as the Treasury bill rate.Source:F... Read More »

Okay my custom built gaming computer...figured out all the parts im gonna use...RATE IT!?

"I would spend it the new 9800". Theres no difference between the 8800gt and the 9800gt. the 9800gt is _exactly the same_ as the 8800gt, with different badging. Read the benchmarks!"upgrade your pr... Read More »