Flexible Rate Mortgage (FRM)


Definition of "Flexible rate mortgage (FRM)"

Branch Real Estate<br><Br> Charlene Branch Daniels Broker/Owner real estate agent
Branch Real Estate

Charlene Branch Daniels Broker/Owner, Real Estate Agent
Branch Real Estate LLC

Mortgage that has an interest rate that changes based on some event. For example, the interest rate may vary depending on changes in the prime rate or inflation rate.

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