“We will approve your new loan only if you move all your investments, mortgage and credit card business to us first.”
You have just had your arm twisted by someone applying a lender’s technique known as “tied selling”. This is illegal in most westernized countries, States and Provinces. There are some States where this law is “bent” [...]

Personal Inflation Rate (PIR) is calculated by lending institutions (banks) to assess a borrower’s risk level for loan default and payment delinquency.
The lender looks at the borrower’s (maybe YOU) financial situation currently as far as financial responsibilities and overhead for living and compares that with your near-future financial situation and monthly payments.

In brief, ARM is an acronym for Adjustable Rate Mortgage. An ARM is the most common mortgage used in Western culture in countries like the United States, Canada, and the U.K.
With an ARM the borrower’s (homeowner’s) interest rate on their mortgage fluctuates based on the current interest rate index used by the lending institution (subjectively). [...]