What does ARM 3/1 stand for?

ARM 3/1 stands for "Adjustable Rate Mortgage, 3 years overall, adjustable every 1 year"

How to abbreviate "Adjustable Rate Mortgage, 3 years overall, adjustable every 1 year"?

"Adjustable Rate Mortgage, 3 years overall, adjustable every 1 year" can be abbreviated as ARM 3/1

What is the meaning of ARM 3/1 abbreviation?

The meaning of ARM 3/1 abbreviation is "Adjustable Rate Mortgage, 3 years overall, adjustable every 1 year"

What does ARM 3/1 mean?

ARM 3/1 as abbreviation means "Adjustable Rate Mortgage, 3 years overall, adjustable every 1 year"