adjustable rate
adjustable rate
An adjustable rate is a rate of interest paid on outstanding debt (often a mortgage) that can fluctuate. Generally, adjustable rates are defined relative to an underlying variable index, as in 30-day LIBOR plus 1.50%.
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Rates, News & Advice Since 1995
Compare Rates
National Rates
| Loan Type | Today |
|---|---|
| 30 Year Fixed |
6.29
|
| 15 Year Fixed |
5.91
|
| 5/1 Adjustable |
5.87
|
Rates may contain points
