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.
The most common adjustable rate mortgage is called a âhybrid ARM,â in which a specific interest rate is guaranteed to remain fixed for a specific period of time. Often, this initial rate is lower than what you could otherwise get in a traditional 30-year fixed loan.