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variable-rate mortgage

NOUN
adjustable-rate mortgage
Synonyms
WEAK
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.

Measures will also make it less costly for families to switch from variable-rate mortgage contracts to those with fixed rates.

From Reuters • Nov. 22, 2022

This approach makes little sense — no homeowner in the present circumstances would opt for a variable-rate mortgage with rates so low.

From Washington Post • Aug. 26, 2021

If you need to take out a mortgage, a fixed-rate mortgage is more predictable than a variable-rate mortgage, which comes with adjustable interest rates.

From Seattle Times • Jun. 17, 2017

Forget for a moment that trading three first-round picks for one player is like signing a 40-year variable-rate mortgage: the house maybe great, but those hefty payments are bound to have consequences down the road.

From Newsweek • Apr. 19, 2012

He worries about paying his variable-rate mortgage and Rita's student loans now that interest rates are higher.

From Time Magazine Archive