The interest rate for ARMs that adjusts at regular intervals, sometimes differing from the duration period of the initial interest rate.
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Definition of subsequent rate adjustments: The interest rate for ARMs that adjusts at regular intervals, sometimes differing from the duration period of the initial ...
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Aug 28, 2012... any over- or under- collections, including interest at the utility's short-term borrowing rate, through subsequent rate adjustments or refunds; ...
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Maximum interest rate change on subsequent rate adjustments (e.g., 2.0) Maximum/Minimum Rates • Maximum interest rate over life of mortgage (e.g., 12.5) ...
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