Adjustable-rate mortgage: Difference between revisions
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imported>Doug Williamson (Create the page. Source: HSBC AR 2015) |
imported>Doug Williamson (Add abbreviation.) |
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(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. |
Revision as of 11:31, 26 October 2016
US.
(ARM).
A mortgage loan on which the interest rate is changed periodically, based on a reference rate.