Answer the following question: The exercise is to decide whether the question accepts the proposed suggestion as a correct answer. If yes, write "True", otherwise write "False". Question: what is 5 1 arm mortgage Suggestion: A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets.
Answer:
False