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adjustable-rate mortgage

American  
[uh-juhs-tuh-buhl-rayt] / əˈdʒʌs tə bəlˌreɪt /

noun

  1. a mortgage that provides for periodic changes in the interest rate, based on changing market condtions. ARM


Example Sentences

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See Examples For:

Home buyers typically choose between a fixed-rate or adjustable-rate mortgage to fund their purchase.

From The Wall Street Journal ● Feb. 13, 2026

That meant parting ways with that ultralow mortgage rate and taking on a seven-year adjustable-rate mortgage at 6.3% to buy a single-family home set on two acres.

From MarketWatch ● Jan. 7, 2026

The elder Ms. Alcin had menial agricultural jobs — work that, at the age of 67, has become more difficult to do, even as she tries to make higher payments on her home’s adjustable-rate mortgage.

From New York Times ● Apr. 28, 2024

Many buyers are therefore making new calculations, including whether it’s worth paying upfront fees in exchange for a lower rate, or if an adjustable-rate mortgage is worth the risk.

From Seattle Times ● Oct. 9, 2022

The 5-year Treasury indexed hybrid adjustable-rate mortgage averaged 4.97% in the latest survey up from 4.93% last week and 2.43% last week.

From Reuters ● Sep. 22, 2022

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