Are more propeller blades better? Jeremy Kinney, a curator at the National Air and Space Museum, shares his thoughts. A sailor hoses down the propeller on a P-3 Orion during an aircraft wash on the flight line at Naval Air Station Whidbey Island, Washington.
There's the silly, the foolish and the completely harebrained. And then there's the adjustable rate mortgage -- ARM for short. Like unprotected sex or one more drink, it always seems like a good idea at the time. In an environment of only low and lower rates, an ARM has looked like a good idea for many years now.
For homeowners using a $300,000 mortgage, the 5-year ARM saves $2,340 annually so if you already know you won't need your loan for more than 5 years, it can be smart to use adjustable-rate financing instead of fixed-rate loans. There are a number of scenarios in which homeowners can safely moved from fixed-to-ARM.