### Question
How is the term hybrid adjustable rate mortgage defined?


### Answer
The term **hybrid adjustable rate mortgage** is defined in *15 U.S.C. § 1638a* as the following:

> a consumer credit transaction secured by the consumer's principal residence with a fixed interest rate for an introductory period that adjusts or resets to a variable interest rate after such period

#### Citation:
  - *15 U.S.C. § 1638a*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part B-Credit Transactions**

