Discretionary ARM

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Dictionary Says

Definition of 'Discretionary ARM'

An adjustable-rate mortgage on which the lender has the right to change the interest rate at any time, by any amount, subject only to the borrower being given a certain period advanced notice. This differs from a more structured adjustable-rate mortgage on which the interest rate consists of an index value plus a margin, adjusts only on predetermined dates and is limited by an interest rate cap structure.
Investopedia Says

Investopedia explains 'Discretionary ARM'

Discretionary ARMs do not exist in the United States, but are popular mortgages in Europe and other developed countries where fixed-rate mortgages are rare. ARMs that are offered in the United States can be more difficult to understand than discretionary ARMs, but they offer the borrower greater protection from interest rate movements.
Search results for

'Discretionary ARM'

  • Biggest Industry Ups And Downs Of 2011 - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0212/Biggest-Industry-Ups-And-Downs-Of-2011.aspx
    ... 12.42%. Cons Discretionary. 5.95%. Energy. ... Consumer Discretionary: This includes
    automobiles, consumer durables, apparel, hotels, media and retail industries. ...

  • How Much Debt Can You Handle?

    http://www.investopedia.com/articles/pf/07/debt-redline.asp
    ... While it's not essential to monitor discretionary income (after necessary expenses)
    for more than a couple of months, you may find that ... 1 Year ARM, 3.54%, 3.53%. ...

  • RRSPs: Eligibility | Investopedia

    http://www.investopedia.com/university/rrsp/rrsp2.asp
    ... Furthermore, discretionary services are not offered at all financial institutions
    because of the legalities involved in handing over ... 1 Year ARM, 3.54%, 3.53%. ...

  • 5 Ways To Teach Your Kids The Value Of A Dollar - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/5-Ways-To-Teach-Your-Kids-The-Value-Of-A-Dollar.aspx
    ... Choose an expense type that is discretionary – meaning that you can control
    how much or how little to spend. Common discretionary ...

  • Easy And Practical Ways To Save For A Vacation - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Easiest-Ways-To-Save-For-Vacation.aspx
    ... If you first allocate your paycheck to all of your bills and use the rest for
    discretionary spending, you might not end up saving anything for your longer-term ...

  • 6 Sneaky Ways Coupons Make You Spend More - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/6-Sneaky-Ways-Coupons-Make-You-Spend-More.aspx
    ... up on their favorite items at low prices. Coupons lure you to make
    discretionary purchases. The NCH report states that seven of ...

  • How Students Can Save When Traveling - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/How-Students-Can-Save-When-Traveling.aspx
    ... once your bills are paid. Set aside some money for discretionary spending,
    and set aside the rest for your holiday. If you have a ...

  • It Is Better To Give AND Receive

    http://www.investopedia.com/articles/pf/07/give_and_receive.asp
    ... Get those donations from the amount otherwise spent for discretionary purposes.
    Contribute more as discretionary income increases. ... 1 Year ARM, 3.54%, 3.53%. ...

  • Easy-To-Understand ETFs - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/Easy-To-Understand-ETFs.aspx
    ... select sector ETFs are the Financial Select Sector ETF (NYSEArca:XLF), Industrial
    Select Sector ETF (NYSEArca:XLI) and the Consumer Discretionary Select Sector ...

  • Traditional IRAs: Introduction | Investopedia

    http://www.investopedia.com/university/retirementplans/ira/
    ... Making contributions is discretionary, so individuals can choose when they want
    to fund their Traditional IRA. ... 15 Year Fixed, 3.09%, 3.11%. 1 Year ARM, 3.54%, 3.53 ...

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$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
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$30K HELOC 4.59% 4.60%
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$50K Home Equity Loan 5.45% 5.50%
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$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
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30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
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