Adjustable-rate mortgage
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. The loan may be offered at the lender's standard variable rate/base rate. There may be a direct and legally defined link to the underlying index, but where the lender offers no specific link to the underlying market or index the rate can be changed at the lender's discretion. The term "variable-rate mortgage" is most common outside the United States, whilst in the United States, "adjustable-rate mortgage" is most common, and implies a mortgage regulated by the Federal government, with caps on charges. In many countries, adjustable rate mortgages ar
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Adjustable-rate mortgagesAdjustable Rate MortgageAdjustable mortgage loanAdjustable rate mortgageAdjustable rate mortgagesCash flow ARMCash flow armFloating rate mortgageOption ARMOption ARMsOption armPayment option ARMPick a paymentStandard variable rateTracker mortgageVariable-rate mortgageVariable rate mortgage
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Adjustable-rate mortgage
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. The loan may be offered at the lender's standard variable rate/base rate. There may be a direct and legally defined link to the underlying index, but where the lender offers no specific link to the underlying market or index the rate can be changed at the lender's discretion. The term "variable-rate mortgage" is most common outside the United States, whilst in the United States, "adjustable-rate mortgage" is most common, and implies a mortgage regulated by the Federal government, with caps on charges. In many countries, adjustable rate mortgages ar
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A variable-rate mortgage, adju ...... ixed or capped rate mortgages.
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A variable-rate mortgage, adju ...... , adjustable rate mortgages ar
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Adjustable-rate mortgage
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