The classes
change at fixed intervals and come in three types, each with their own varying abilities.
Not exact matches
Unlike with a
fixed - rate mortgage, the interest rate on an ARM
changes at predetermined
intervals over the life of your loan.
Share An adjustable rate mortgage (ARM) is one that provides for the interest rate to
change (adjust)
at fixed intervals throughout the term of the loan.
Unlike a
fixed rate home loan, which has a
fixed interest rate for the life of the loan, the interest rate on an adjustable rate mortgage, or ARM,
changes at contracts, agreed upon
intervals.
There is an initial
fixed - rate period during which the rate doesn't
change, followed by a much longer period during which the rate
changes at preset
intervals.
Fixed that for you: It tells me that claims are unrobust, ie shaky and not to be taken seriously when they fall apart
at the whim of
changing the start or end points slightly on spans too short to have a significant confidence
interval.