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单词 adjustable rate mortgage
释义

adjustable rate mortgage

noun

: a mortgage having an interest rate which is usually initially lower than that of a mortgage with a fixed rate but is adjusted periodically according to the cost of funds to the lender

Example Sentences

Recent Examples on the Web Another way to stay in the game and evade higher payments is to use an adjustable rate mortgage or ARM, said Bill Adams, president of Adams Realtors which specializes in properties in and close to the city of Atlanta. Michael E. Kanell, ajc, 6 May 2022 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 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 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 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 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 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 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 See More

Word History

First Known Use

1979, in the meaning defined above

Legal Definition

adjustable rate mortgage

see mortgage

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更新时间:2025/3/2 4:37:51