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adjustable rate
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adjustable rate
noun
(adjustable rate mortgage)
a mortgage having an interest rate which is usually initially lower than that of a mortgage with a fixed rate but is adjusted periodically according to the cost of funds to the lender
Words Related to
adjustable rate
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adjustable rate mortgage
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prepayment penalty
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refinance
,
mortgages
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discount rate
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eurodollar
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gnma
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forbearance
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maturities
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defaults
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mortgagors
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homebuyer
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real estate
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renters
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prepayments
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ginnie mae
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fnma
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consolidation loan
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libor
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downpayment
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overdrafts
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callable
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defeasance
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prime rate
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real estate owned
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individual retirement account
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securitization
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commercial lending
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bill evans
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therms
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variable interest rate
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shigella
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checking account
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condos
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unearned interest
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greenstreet
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layaway
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rediscount
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debentures
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stromboli
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tuition
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unsecured debt
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nonbank
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originators
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repos
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adjustable rate
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