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A home loan with an interest rate that remains the same for the entire term of the loan. Adjustable-rate mortgage (ARM) Also called a variable-rate mortgage, an adjustable-rate mortgage has an interest rate that may change periodically during the life of the loan in accordance with changes in an index such as the U.S. Prime Rate or the London.
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Home Loans In Perry, Texas The borrower knew of the existence of both home equity loans and could have reviewed Texas law to determine that two outstanding home equity loans on a homestead violate the Texas Constitution. The court reaffirmed that the discovery rule did not apply to claims arising under 50(a) (6). Id. at 676-77; Prutzman v.
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