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Definition of Adjustable Interest Rates
Adjustable interest rate loans usually have a cap that is the maximum that a mortgage can go up over the life of the mortgage. Find out how an adjustable rate loan can start at a fixed rate with help from a financial specialist in this free video on... More »
Difficulty: Moderate
Source: www.ehow.com

en.wikipedia.org/wiki/Adjustable-rate_mortgage

In September 1991, the Government Accountability Office (GAO) released a study of Adjustable Rate ...

www.bankrate.com/finance/mortgages/understanding-adjustable-rate-mortgages.aspx

An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change periodically. This means that the monthly payments can go up or ...

www.bankrate.com/finance/mortgages/arm-vs-fixed-rate-mortgage-1.aspx

Sep 5, 2017 ... One advantage of an adjustable-rate mortgage is the low initial cost, but ... even more affordable) that they cover only part of the interest due.

www.consumerfinance.gov/ask-cfpb/what-is-the-difference-between-a-fixed-rate-and-adjustable-rate-mortgage-arm-loan-en-100

Sep 13, 2017 ... The difference between a fixed rate and an adjustable rate mortgage loan is that for a fixed rate loan, the interest rate is set when you take out ...

www.investopedia.com/terms/a/arm.asp

An adjustable rate mortgage is a type of mortgage in which the interest rate paid on the outstanding balance varies according to a specific benchmark.

files.consumerfinance.gov/f/201204_CFPB_ARMs-brochure.pdf

Consumer Handbook on Adjustable-Rate Mortgages | i. Table of contents .... An adjustable-rate mortgage (ARM) is a loan with an interest rate that changes.

www.pennymacusa.com/blog/understanding-arms-the-basics-of-how-arms-work

Feb 28, 2017 ... An adjustable rate mortgage (ARM), sometimes known as a variable-rate mortgage, is a home loan with an interest rate that adjusts over time to ...

www.nerdwallet.com/blog/mortgages/benefits-arm-fixed-mortgage-product

Feb 2, 2016 ... A fixed-rate loan has an interest rate that never changes. An adjustable-rate mortgage, however, resets its interest rate at specific intervals and ...

www.wellsfargo.com/mortgage/loan-programs/fixed-adjustable-rate-mortgage

Learn the difference between a fixed-rate mortgage and an adjustable-rate ... Your interest rate and monthly principal and interest (P&I) payments remain the ...