Your English writing platform
Discover LudwigSuggestions(1)
The phrase "adjustable rates" is correct and usable in written English.
It is typically used in financial contexts to refer to interest rates that can change over time, often in relation to loans or mortgages.
Example: "Many homeowners are opting for adjustable rates on their mortgages to take advantage of lower initial payments."
Alternatives: "variable rates" or "flexible rates".
Exact(59)
The practice involves lenders issuing mortgages at high interest rates for people with lower incomes or poor credit ratings, usually involving adjustable rates and sometimes no down payment and no investigation of the borrower's circumstances.
According to company figures, last year 45 percent of Countrywide's loans had adjustable rates; many begin with low rates and adjust to much higher levels.
The nation may be in for a rude shock when the real estate market levels off, and when millions discover that the adjustable rates of their mortgages and other loans can be adjusted upward.
They prefer loans with adjustable rates.
Most of the loans carry adjustable rates, which are vulnerable to interest rate fluctuations, they say.
Last year at this time, one-year adjustable rates averaged 5.85percentt.
The payment-relief loans are available with both fixed and adjustable rates.
According to bankers, many home buyers are asking for adjustable rates, in search of the lowest monthly payment.
In the next 18 months, interest rates on more than two million homes loans will reset to higher adjustable rates.
British consumers, however, are more directly affected by changes in interest rates than Americans, because most mortgages have adjustable rates.
Many private student loans, just like home mortgages, carry adjustable rates and are resetting to higher levels.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com