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- Variable rate mortgage
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Variable rate mortgage
A loan with an interest rate that hinges on factors such as the rate paid on bank certificates and Treasury bills.
Related Terms
Variable interest rate
Variable rate
Life cap
Convertible adjustable-rate mortgage
Margin
Teaser rate
Adjustment period
Cap
Adjustable-rate mortgage (ARM)
Rate-improvement mortgage
Interest rate caps
Fixed-rate mortgage
Interest rate ceiling
Step-rate mortgage
Alternative mortgage
Fully amortized adjustable-rate mortgage
Initial interest rate
Buy-down mortgage
Growing-equity mortgage
Interest accrual rate
Note rate
Change frequency
Mortgage
Note
Rate lock
Payment cap
Capitalization rate
Interest rate buy-down plans
Annual Percentage Rate (APR)
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