How to Use adjustable rate mortgage in a Sentence
adjustable rate mortgage
noun-
Tacking on mortgage points, which serve as a fee to the lender in return for a lower rate, can also be worth exploring as can adjustable rate mortgages.
—Matt Richardson, CBS News, 26 Jan. 2026
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Just a handful of banks offer loans for TICs and the product offered is an adjustable rate mortgage.
—Cnn.com Wire Service, The Mercury News, 18 Sep. 2019
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Many times first-time homebuyers opt for an adjustable rate mortgage to obtain the lowest monthly payment possible.
—Tribune News Service, oregonlive, 21 Jan. 2022
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The Fed rate affects the cost of borrowing for everything from savings to credit cards to adjustable rate mortgages.
—Lucy Bayly, NBC News, 13 Dec. 2017
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Over the course of the next 12 years the couple refinanced the home twice, taking on subprime adjustable rate mortgages — the loans at the heart of the mortgage crisis.
—Allie Gross, Detroit Free Press, 3 Sep. 2019
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Other types of short-term borrowing, such as adjustable rate mortgages and home equity lines of credit, are more directly impacted by changes by the Fed.
—San Diego Union-Tribune, 18 Sep. 2019
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Another type of interest rate (used less commonly) is an adjustable rate mortgage (ARM).
—Jenny Tzeses, House Beautiful, 7 Sep. 2021
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Many people who faced foreclosure during the last recession were first-time buyers who used an adjustable rate mortgage (ARM) to finance their purchase.
—Ellen James Martin, courant.com, 19 June 2019
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The market's behavior suggests that investors expect two more rate hikes from the nation’s central bank this year — actions that will affect credit cards, home equity lines of credit and adjustable rate mortgages.
—Adam Shell, USA TODAY, 24 Apr. 2018
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'adjustable rate mortgage.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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