(A) The phrase Adjustable-Speed Mortgage, Variable-Rate Mortgage, or ARM seems about advertising which have equivalent stature because the one usage of the phrase fixed, Fixed-Rate Mortgage, or equivalent terminology; and

(B) For every single use of the term fixed to mention to help you a performance, commission, and/or credit transaction either refers only toward transactions getting hence pricing is actually repaired and you will complies with section (i)(1)(ii) in the point, in the event the applicable, otherwise, when it is the variable-price transactions, was with a just as well-known and you can closely proximate declaration away from the period of time whereby the rate otherwise commission is fixed, together with undeniable fact that the speed can differ or even the fee could possibly get increase next several months.

(2) Mistaken comparisons in the advertisements. And then make one investigations when you look at the a marketing anywhere between actual or hypothetical credit money otherwise cost and you may any percentage or simple yearly speed one to would be available underneath the stated unit to have a period quicker compared to the full term of loan, unless:

(i) Generally. The brand new offer has a very clear and you can conspicuous review on the recommendations necessary to feel unveiled around (f)(2) and (3); and

(ii) Software so you’re able to variable-price transactions. When your advertisement is for an adjustable-rate transaction, while the stated commission otherwise easy annual price is based on the latest list and you can margin and is familiar with generate further rates or percentage changes along side title of one’s mortgage, new advertising comes with a similarly prominent report near this new percentage otherwise speed that fee or rate is actually subject so you can adjustment as well as the period of time if very first adjustment will are present.