Adjustable Rate Mortgage

Synonyms of adjustable rate mortgage

• arm
• variable rate mortgage
• floating rate mortgage

Antonyms of adjustable rate mortgage

• fixed rate mortgage

Collocations of adjustable rate mortgage

adjustable rate mortgage

Frequency: 80 %

She opted for an adjustable rate mortgage to take advantage of lower initial interest rates.

adjustable rate mortgage

Frequency: 70 %

They decided to refinance their adjustable rate mortgage to a fixed rate to provide more stability.

adjustable rate mortgage

Frequency: 65 %

The bank offered a competitive rate on the adjustable rate mortgage.

Idiomatic Expressions for adjustable rate mortgage

• Phrase: be wary of the pitfalls of an adjustable rate mortgage
  Meaning: to be cautious of the potential risks or disadvantages of an adjustable rate mortgage
  Usage: Homebuyers should be wary of the pitfalls of an adjustable rate mortgage, such as the possibility of increasing monthly payments.