Test your vocabulary with our 10-question quiz!
TAKE THE QUIZ“rate mortgage”
The following 2 entries include the term rate mortgage.
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
variable rate mortgage
nounLove words? Need even more definitions?
Merriam-Webster unabridged