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Tbutler Tbutler
  • 08-02-2017
  • Computers and Technology
Answered

The main difference between a traditional mortgage and an ARM is the _____.

Verified Answer :

bethanyratcliff bethanyratcliff
  • 08-02-2017

the interest rate with a mortgage is set when you take out a loan and won't change however with an arm the interest rate may go up or down

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zdgzr
zdgzr zdgzr
  • 01-06-2020

Answer: Balloon mortgage does not adjust each period.

Explanation:

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