Adjustable-rate mortgage: Difference between revisions
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imported>Doug Williamson (amended) |
imported>Doug Williamson (Layout.) |
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''US.'' | |||
(ARM). | (ARM). | ||
A mortgage loan on which the interest rate is changed periodically, based on a reference rate. | A mortgage loan on which the interest rate is changed periodically, based on a reference rate. | ||
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* [[Mortgage ]] | * [[Mortgage ]] | ||
* [[Reference rate]] | * [[Reference rate]] | ||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 00:27, 12 August 2021
US.
(ARM).
A mortgage loan on which the interest rate is changed periodically, based on a reference rate.
