Variable interest rate real estate glossary definintion

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Real Estate Glossary

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Variable interest rate

A loan rate that moves up and down based on factors including changes in the rate paid on bank certificates of deposit or Treasury bills.

Related Terms
Variable rate mortgage
Variable rate
Rate lock
Interest rate buy-down plans
Interest rate ceiling
Initial interest rate
Certificate of deposit index
Interest accrual rate
Adjustment period
Cap
Adjustable-rate mortgage (ARM)
Rate-improvement mortgage
Interest rate caps
Interest rate
Fixed-rate mortgage
Step-rate mortgage
Treasury index
Lock-in
Note rate
Negative amortization
Mortgage
Note
Life cap
Buy-down mortgage
Compound interest
Prepaid interest
Margin
Capitalization rate
Teaser rate