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2. Adjustable-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Adjustable-rate_mortgage

   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. [1] The loan may be offered at the lender's standard variable rate/ base rate.

3. Fixed vs. adjustable-rate mortgage (ARM): What’s the ... - AOL

   www.aol.com/finance/fixed-vs-adjustable-rate...

   An adjustable-rate mortgage has an interest rate that changes at set intervals after a fixed-rate introductory period. Intro periods are most commonly three, five, seven or 10 years.

4. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   An adjustable-rate mortgage, or ARM, is a home loan that has an initial, low fixed-rate period of several years. After that, for the remainder of the loan term, the interest rate resets at regular ...

5. Floating interest rate - Wikipedia

   en.wikipedia.org/wiki/Floating_interest_rate

   Floating rate loan. In business and finance, a floating rate loan (or a variable or adjustable rate loan) refers to a loan with a floating interest rate. The total rate paid by the customer varies, or "floats", in relation to some base rate. The term of the loan may be substantially longer than the basis from which the floating rate loan is ...

6. Fixed vs. variable interest rates: How these rate types work ...

   www.aol.com/finance/fixed-vs-variable-interest...

   Here’s a list of the types of products that can come with variable interest rates: Adjustable-rate mortgages. Home equity lines of credit. High-yield savings accounts. High-yield checking accounts.

7. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2]

8. What is a 7/1 adjustable-rate mortgage (ARM)? - AOL

   www.aol.com/finance/7-1-adjustable-rate-mortgage...

   A 7/1 adjustable-rate mortgage (ARM) is a type of mortgage that starts with a fixed interest rate for the first seven years and then adjusts annually thereafter. This home loan combines features ...

9. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   In an adjustable-rate mortgage, the interest rate is generally fixed for a period of time, after which it will periodically (for example, annually or monthly) adjust up or down to some market index. Adjustable rates transfer part of the interest rate risk from the lender to the borrower and thus are widely used where fixed rate funding is ...