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Discover LudwigThe phrase "adjustable rate" is correct and usable in written English.
It is typically used in financial contexts, particularly when referring to loans or interest rates that can change over time based on market conditions.
Example: "The mortgage offers an adjustable rate, which means your monthly payments may vary depending on interest rate fluctuations."
Alternatives: "variable rate" or "flexible rate".
Exact(32)
Does an adjustable rate make sense?
He trades adjustable rate mortgage bonds.
There were no adjustable rate mortgages.
Hybrid adjustable rate mortgages were also down.
After talking it over, the couple chose the adjustable rate.
Chart: Chart shows index for adjustable rate mortgages 2004-2007.
Similar(28)
MY adjustable-rate mortgage is going to adjust soon.
ARM — Adjustable-Rate Mortgage.
Rates on adjustable-rate loans fell too.
He got himself one of these adjustable-rate mortgages.
The picture for subprime adjustable-rate mortgages was bleaker.
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