Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Interest Rate Ceiling Interest Rate Ceiling November 9, 2021 The maximum interest rate for an adjustable-rate mortgage (ARM), as specified in the mortgage loan note.You Might Also Like: Living QuartersFirst-Time Homebuyer’s Playbook: 4 Steps to a Successful Offer Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work?