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Fixed-Period Adjustable-Rate Mort- Gage

FTC

Updated 10-31-2026

Fixed-Period Adjustable-Rate Mort- Gage

An adjustable-rate mortgage (ARM) that offers a fixed rate for an initial period, typically three to ten years, and then adjusts every six months, annually, or at another specified period, for the remainder of the term. Also known as a "hybrid loan."

FTC Real Estate Terms

FTC · p. 8

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