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Knowledgebase Home | Favorites | Forum Welcome to our knowledge base. To find what you're after, use the search box below or choose a category to view listed articles. Search the Knowledgebase Browse by Category [Advanced Search] -- Select Category -- Credit MythbustersLoans    - Personal Loans    - Auto Loans    - Home Loans    - Student LoansCredit CardsCredit Reports and ScoresCredit Report CardIdentity TheftDebt HelpConsumer Law Guide    - College Cost Reduction and Access Act    - Credit Card Accountability Responsibility and Disclosure Act (CARD Act)     - Credit Repair Organizations Act (CROA)    - Equal Credit Opportunity Act (ECOA)    - Fair and Accurate Credit Transactions Act (FACTA)    - Fair Credit Reporting Act (FCRA)    - Fair Debt Collection Practices Act    - Overdraft Rules for Debit and ATM CardsCustomer Support The article has been updated successfully. Knowledgebase Home > Loans > Home Loans What is an Adjustable Rate Mortgage? Article Details Last Updated 19th of November, 2009 Would you like to... Discuss Print this page Email this page Post a comment Subscribe me Add to favorites Remove Highlighting Edit this Article Quick Edit Export to PDF User Opinions (2 votes) 50% 50% How would you rate this answer? Helpful Not helpful Help us improve. Why was this unhelpful? Thank you for rating this answer. An Adjustable Rate Mortgage (ARM) is a home loan where the interest rate changes periodically based upon a standard financial index. ARMs offer lower initial interest rates with the risk of rates increasing in the future. In comparison, a fixed rate mortgage (FRM) offers a higher rate that will not change for the length of the loan. ARMs often have caps on how much the interest rate can rise or fall. You can get more information and compare mortgage options securely online. Thinking about refinancing? Explore your options today! Related Articles What is an 1/1 ARM? What is a Fixed Rate Mortgage? What is a convertible ARM? What is a balloon payment? What is an alternative mortgage? Continue