June 1, 2015 | 0 Comments. The G4 Experience: A Special Q & A with George C. Fraser and Veronica Conway Join us today Monday 11/3 for a special conference call.
Adjustable-rate mortgage. A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. The loan may be offered at the lender's standard variable rate/base rate.
Home Equity Lines of Credit and Adjustable Rate Loans. The Fed funds rate guides adjustable rate loans. These include home equity lines of credit and any variable rate loans. Rates on home equity lines of credit will rise to 5.5% in 2017. Unfortunately, locking in a fixed rate won't help. Banks are charging 6.2% interest on those.