The initial rate is subject to increase after the initial fixed rate period of 7 years ends. (madisonmortgageguys.com)
If you are considering an Adjustable Rate Mortgage, you will want to determine what happens once your introductory fixed rate period ends. (foundationmortgage.com)
The first number represents the initial adjustment after the introductory fixed rate period expires. (foundationmortgage.com)