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.
5/1 ARM Mortgage Help What is a 5/1 ARM? A 5/1 Adjustable Rate Mortgage (ARM) is a mortgage in which the rate is fixed for 5 years and in the sixth year, the loan becomes an ARM. The new rate is determined by an economic index (usually treasury or treasury average index) or by the one-year London Interbank Offered Rate (LIBOR), and is added to a pre-determined margin (usually between 2.25-3.0%) to arrive at your new monthly rate.