adjustable rate mortgage
noun
: a mortgage having an interest rate which is usually initially lower than that of a mortgage with a fixed rate but is adjusted periodically according to the cost of funds to the lender
Examples of adjustable rate mortgage in a Sentence
Recent Examples on the Web
Tacking on mortgage points, which serve as a fee to the lender in return for a lower rate, can also be worth exploring as can adjustable rate mortgages.
—
Matt Richardson,
CBS News,
26 Jan. 2026
In the housing market, for example, lending standards have improved, and the number of adjustable rate mortgages has plummeted since the Global Financial Crisis (GFC) of 2008.
—
Will Daniel,
Fortune,
18 Dec. 2023
So an olderloan known as an adjustable rate mortgage, or ARM, is making a comeback.
—
Trevor Fraser,
Orlando Sentinel,
13 Oct. 2022
See All Example Sentences for adjustable rate mortgage
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Matt Richardson,
CBS News,
26 Jan. 2026
In the housing market, for example, lending standards have improved, and the number of adjustable rate mortgages has plummeted since the Global Financial Crisis (GFC) of 2008.
—
Will Daniel,
Fortune,
18 Dec. 2023
So an olderloan known as an adjustable rate mortgage, or ARM, is making a comeback.
—
Trevor Fraser,
Orlando Sentinel,
13 Oct. 2022
See All Example Sentences for adjustable rate mortgage
Cite this Entry
“Adjustable rate mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/adjustable%20rate%20mortgage. Accessed 6 Jul. 2026.
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