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Showing results for adjustable-rate mortgage. Search instead for Equitable mortgage.
Synonyms

adjustable-rate mortgage

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

noun

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


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

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

The average for the five-year adjustable-rate mortgage decreased to 4.19 percent from 4.50 percent with an average 0.4 point.

From Washington Post

Finance the purchase with an adjustable-rate mortgage.

From Washington Post

“It’s natural for homebuyers to be looking at ways to reduce that mortgage payment, and one of the ways is to use an adjustable-rate mortgage,” said Selma Hepp, deputy chief economist at CoreLogic.

From Seattle Times