The initial interest rate on an adjustable rate mortgage, usually for the first year. also called start rate.
Related information about initial interest rate:
- Initial Interest Rate Definition | Investopedia
The initial interest rate will be in force for a limited period of time, typically between 12 and 24 months. After this window of time is closed, the interest rate will ...
- Initial Interest Rate: Definition from Answers.com
Initial Interest Rate Interest rate, often discounted below the fully indexed rate, that is in effect during the period.
- What is initial interest rate? - InvestorWords.com
Definition of initial interest rate: The initial interest rate on an adjustable rate mortgage, usually for the first year. also called start rate.
- What is initial interest rate? - BusinessDictionary.com
Definition of initial interest rate: The starting interest rate for an adjustable-rate mortgage. It can fluctuateover time, changing the borrower's monthly mortgage ...
- Annual Percentage Rate Below Interest Rate on ARM? - Mortgage ...
May 5, 2003 ... The APR may be below the initial interest rate on an ARM if the index plus margin when the loan is made is below the initial rate. This is ...
- initial interest rate - Financial Dictionary - The Free Dictionary
In an adjustable-rate mortgage,the first interest rate charged. Initial Interest Rate. The interest rate that is fixed for some specified number of months or years at ...
- Initial Interest Rate - LendingTree
The initial interest rate is the rate you pay when you first get your loan.
- Frequently Asked Questions - Annuity Advisors
What is the initial interest rate and how long is it guaranteed? Does the initial ... The “initial” interest rate is applied to the first deposit into a fixed deferred annuity.