ARM

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ARM

ARM

GOST 7.67 Latin three-letter geocode for Armenia. The code is used for transactions to and from Armenian bank accounts and for international shipping to Armenia. As with all GOST 7.67 codes, it is used primarily in Cyrillic alphabets.

Adjustable rate mortgage (ARM).

An adjustable rate mortgage is a long-term loan you use to finance a real estate purchase, typically a home.

Unlike a fixed-rate mortgage, where the interest rate remains the same for the term of the loan, the interest rate on an ARM is adjusted, or changed, during its term.

The initial rate on an ARM is usually lower than the rate on a fixed-rate mortgage for the same term, which means it may be easier to qualify for an ARM. You take the risk, however, that interest rates may rise, increasing the cost of your mortgage. Of course, it's also possible that the rates may drop, decreasing your payments.

The rate adjustments, which are based on changes in one of the publicly reported indexes that reflect market rates, occur at preset times, usually once a year but sometimes less often. Typically, rate changes on ARMs are capped both annually and over the term of the loan, which helps protect you in the case of a rapid or sustained increase in market rates.

However, certain ARMs allow negative amortization, which means additional interest could accumulate on the outstanding balance if market rates rise higher than the cap. That interest would be due when the loan matured or if you want to prepay.

ARM

See adjustable-rate mortgage.

ARM

See Adjustable Rate Mortgage.

References in periodicals archive ?
The present study was conducted in 49 humerus (out of which 25 are of left side and 24 are of right side) to determine the different parameters of the humerus.
Epidemiological features of supracondylar fractures of the humerus in Chinese children.
These data coincide with the literature, where the fracture of the proximal humerus usually affects the age group of 50 to 70 years, and goes up with each successive decade [8, 9].
In a previous study, by using the finite element calculations, attempts were made to find the optimal plate configuration which would improve its biomechanical properties, taking into account the specific anatomy of distal humerus (26).
Table 1: Gender of patients of closed diaphyseal humerus shaft fractures (N=59).
13) Furthermore, Khatib and colleagues reported on the trends in the operative management of proximal humerus fractures.
The current study was planned to investigate the mid- and long-term results of open reduction using a limited medial approach and internal fixation in paediatric extension and flexion type III supracondylar humerus fractures.
the second and third pins in the shaft humerus, in line with the first pin on the lateral upper arm;
Skin incision was made from cranial border of tubercle of humerus to lateral epicondyle distally.
Akhtar, "Treatment of anterior fracture-dislocations of the proximal humerus by open reduction and internal fixation," Journal of Bone and Joint Surgery--Series B, vol.
Lightfix clinical trial for the treatment of impending and pathologic fractures in the humerus due to metastatic carcinoma.