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Adjustable-Rate Mortgage

Loan whose interest rate changes periodically according to movements in the financial market over the term of the loan. Many offer lower-than-market initial Interest rates that rise only gradually for the first few years.

Not quite sure what the proper home improvement terms are? Let us help. We have put together a glossory for you to learn a little bit more about Home Improvement Glossary and Terms

For furthur reading please see our Learn the Basics Homepage.