What is ADJUSTABLE-RATE MORTGAGE? What does ADJUSTABLE RATE MORTGAGE mean?

What is ADJUSTABLE-RATE MORTGAGE? What does ADJUSTABLE RATE MORTGAGE mean?. Celebrity Realtor Jay Morrison: "The TRUE Definition of a Mortgage"

What is ADJUSTABLE-RATE MORTGAGE? What does ADJUSTABLE RATE MORTGAGE mean? video duration 2 Minute(s) 40 Second(s), published by The Audiopedia on 10 03 2017 - 14:00:01.

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Mortgage definition, a conveyance of an interest in property as security for the repayment of money borrowed
A mortgage is an agreement that makes it possible http://www.GoldsteinOnGelt.com Moshe Wilshinsky is a veteran mortgage specialist and the owner of Moville Mortgage and Finance
"Goldstein on Gelt" is a Author of "Hip Hop 2 Homeowners" teaches financial literacy to his community and high school students nationwide during his HH2H national tour
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What is ADJUSTABLE-RATE MORTGAGE? What does ADJUSTABLE RATE MORTGAGE mean? ADJUSTABLE-RATE MORTGAGE meaning - ADJUSTABLE-RATE MORTGAGE definition - ADJUSTABLE-RATE MORTGAGE explanation.

Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license.

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. The term \