Here are the pros and cons of paying cash for your house.. Should You Pay All Cash For Your Next Home? FACEBOOK TWITTER. Since the housing bubble and ensuing financial crisis of 2007-08,
An adjustable rate mortgage is a loan that bases its interest rate on an index. The index is typically the Libor rate, the fed funds rate, or the one-year treasury bill.. An ARM is also known as an adjustable rate loan, variable rate mortgage, or variable rate loan.