Our Financial Terms Glossary will allow you to discover the most frequent economic terms, phrases and words, plus the meaning for lots of appropriate terms. An adjustable-rate home loan that features a collection initial interest for the first 12 months. The mortgage rate adjusts each year after that period. Each yearly price adjustment is predicated on (or вЂњindexed toвЂќ) another price, usually the yield on a U.S. Treasury note. an adjustable-rate home loan that has a collection initial interest for the first ten years. From then on duration, the home loan price adjusts every year. a rate that is adjustable by which none associated with the re re payments get toward paying down the mortgage principal when it comes to very very very first 3 years.