Thesaurus.com
Dictionary.com
Definitions

adjustable-rate mortgage

[uh-juhs-tuh-buhl-reyt] / əˈdʒʌs tə bəlˌreɪt /
NOUN
a loan with periodic changes
Synonyms
Antonyms
WEAK
FRM conventional mortgage fixed-rate mortgage


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.

The average for a five-year adjustable-rate mortgage was down 48 basis points from the previous week to 5.42%.

From MarketWatch

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

A bank, on the other hand, will likely make you choose between, say, a 15-year fixed-rate mortgage or a 30-year one, or an adjustable-rate mortgage.

From MarketWatch

If you’ve got an adjustable-rate mortgage, refinance it.

From MarketWatch

My interest rate is 4%, but could change in five years as it is a variable adjustable-rate mortgage.

From MarketWatch