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Arm

• Adjustable rate mortgages. There are loans whose interest is adjusted periodically depending of market conditions. Contrast with fixed rate mortgages.

 
 Embedded terms in definition
 Adjustable rate mortgage
Interest
Market

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Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing. Thomas Alva Edison

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