Adjustable-Rate Mortgages

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.
Posts about Adjustable-Rate Mortgages
  • 10 Common Mortgage Related Terms and Definitions You Need to Know

    … RGR Marketing HIgh Quality B2B Leads Online How Mortgage Brokers Can Educate Clients Buying a home can be a stressful event, especially if it’s you or your client’s first time. Chances are strong that a first-time homebuyer will never make a more expensive purchase during the course of their lives. What can be even worse, is the litany of brand…

    Matty Byloos/ RGR Marketing- 3 readers -
Get the top posts daily into your mailbox!