### Question
How does HOMEOWNERS PROTECTION define adjustable rate mortgage?


### Answer
Under *12 U.S.C. § 4901*, **adjustable rate mortgage** is defined as:

> a residential mortgage that has an interest rate that is subject to change

#### Citation:
  - *12 U.S.C. § 4901*
  - Heading: **CHAPTER 49-HOMEOWNERS PROTECTION**

