Adjustable-rate mortgage (ARM)
a home loan with an interest rate that can change during the mortgage term due to changes in market interest rates; also called a flexible-rate mortgage or a variable-rate mortgage
Not too easy. Not too difficult.
If you want to be financially stable and/or successful, this course provides a lot of good information and resources to do so. Professor Payne explains each topic clear and simple.
I learned important details about personal net worth, assets and liabilities. I am now more aware of liabilities that I can and cannot manage that I never seriously considered before.
Hours per week:
Advice for students:
Pay attention to the objectives listed per week! If you study those questions well, you will do well on exams. Also, take full advantage of all the financial resources provided.