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Glossary of Terms > A > ADJUSTABLE-RATE MORTGAGE (ARM)

ADJUSTABLE-RATE MORTGAGE (ARM)

A mortgage in which the interest changes periodically, according to corresponding fluctuations in an index. ARMs are all tied to various financial indexes. See our guide to different types of mortgages for more details!

A Terms

ACCELERATION CLAUSE

ADJUSTABLE-RATE MORTGAGE (ARM)

ALT-A MORTGAGE

AMORTIZATION

ANNUAL PERCENTAGE RATE (APR)

APPLICATION

APPRAISAL

APPRAISER

APPRECIATION

ASKING PRICE

ASSESSMENT

ASSETS

ASSIGNMENT

ASSUMABLE MORTGAGE

ASSUMPTION