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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.

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

“The price was absurd, and they were giving her a no money down option adjustable-rate mortgage,” says Eisman, who talked her into taking out a conventional fixed-rate mortgage.

From Literature

For the same reason, would an adjustable-rate mortgage make sense?

From MarketWatch