Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about index interest rate: | |||||||||||||||||||||||
Borrower Guide to Adjustable Rate Mortgages
September 29, 2001 Most borrowers who take adjustable rate mortgages (ARMs) need them to qualify for the loan they want. Because the initial rate on ARMs is usually lower than the rate on fixed rate mortgages (FRMs), these ... more... Payment Calculators For Adjustable Rate Mortgages August 18, 2000, Revised March 18, 2003 Calculators 7b and 7c show how monthly mortgage paymentswill change under a variety of possible future interest-rate scenarios, as defined by the user. 7b covers adjustable rate mortgages (ARMs) on which the monthly payment is always ... more... |
|||||||||||||||||||||||
index interest rate related definitions |
|||||||||||||||||||||||
Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... Index Index A published interest rate against which lenders measure the difference between the current interest rate on an adjustable rate mortgage and that earned by other investments (such as one- three-, and five-year U.S. Treasury security yields, the monthly average interest rate ... more... |
|||||||||||||||||||||||
More about index interest rate Types of Financing for Your Mortgage Adjustable Rate Mortgage Avoid a Heinous Mortgage Mistake Home Loans Reducing Debt Through Lower Interest Loans Home Loan Interest Rates What Are The Key Features Of Fixed Rate And ARM's? Debt Consolidation Makes Sense Only with Low Interest Rates Low Interest Debt ConsolidationCheaper Route to Ease Debt Burden Tips for Choosing a Commercial Mortgage Using Refinancing to Secure Lower Interest Rates Glossary of Common Terms Used During the Mortgage Process
|
|
||||||||||||||||||||||
|