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Nationwide Commercial Financial Group that provide mortgage loans, most often than not, also offer adjustable rate mortgages, or ARMs.  Adjustable rate mortgages are different from fixed-rate mortgages in the sense that, as market rates go up and down, so do the interest rates and monthly payments for this type of mortgage.Most adjustable rate mortgages do have a short period when the interest rates are fixed.  This would be followed by a much longer time frame during which the payment and interest rates change.  This adjustment can happen after a month or atfer 10 years. In the initial time frame, nationwide financial groups generally offer lower rates when compared to the fixed-rate mortgages, to entice prospective clients.