Some people have a fifteen- or twenty-year loan, often with an adjustable interest rate instead of a rate that never changes.
VOA: special.2011.01.24
Low-income people were being given adjustable rate mortgages with very low starter rates, called "teaser rates," " that would be raised in the future.
低收入人群贷款时会享受到刚开始利率巨低的可调利率,但是随着时间的推移利率会慢慢增长“,这就是所谓的“引逗利率。
Adjustable rate mortgages have a long term -they might last for thirty years -but the interest rate is not fixed for the whole thirty years.
可调利率抵押贷款的期限很长,也许会长达30年,但是利率在30年间并不是固定的
We've had a growth in popularity of ARMs, which are adjustable rate mortgages.
我们看到了ARMs贷款的发展和普及,ARMs是指可调利率抵押贷款
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