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Variable rate
An interest rate that changes with fluctuations in such indexes as the U.S. Treasury bill index.
Related Terms
Variable rate mortgage
Variable interest rate
Life cap
Rate lock
Margin
Fixed-rate mortgage
Capitalization rate
Teaser rate
Adjustment period
Cap
Adjustable-rate mortgage (ARM)
Rate-improvement mortgage
Interest rate caps
Convertible adjustable-rate mortgage
Interest rate buy-down plans
Annual Percentage Rate (APR)
Interest rate ceiling
Step-rate mortgage
Treasury index
Initial interest rate
Certificate of deposit index
Interest accrual rate
Note rate
Negative amortization
Change frequency
Building moratorium
Mortgage
Note
Alternative mortgage
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