1-800-274-1299Rate cap
In an adjustable rate mortgage (ARM), the maximum rate that can be charged during the
mortgage period. For example, John obtained an $80,000 6% ARM having a lifetime rate cap of 10.5%.
Real Estate Tags
MARICOPA, AZ, PHOENIX
LOS ANGELES, CA, LOS ANGELES
COOK, IL, CHICAGO
HARRIS, TX, HOUSTON
FRANKLIN, OH, COLUMBUS
DELAWARE, PA, CONCORDVILLE
FULTON, GA, ATLANTA
MECKLENBURG, NC, CHARLOTTE
TRAVIS, TX, AUSTIN
HENNEPIN, MN, MINNEAPOLIS
Glossary Real Estate Tags
Abatement
Warrantable Condo
Abate
Ability to pay
Adjoining owners
Per Diem Interest
Administratrix
Gift of Equity
Assumable Mortgage
Absorption rate
Omnibus budget reconciliation act of 1993
National Association of Corporate real
Estate Executives (NACORE)
Forbearance Agreement
FAQ Real Estate Tags
How big is an acre?
Why should I use a real estate agent?
What is equity?
What is a REALTOR®?
What is comprehensive homeowners insurance?
What is a spec house?
How can I figure out my debt-to-income ratio?
What is an escrow officer?
What is the difference between being prequalified and preapproved for a loan?
What is the difference between a real estate broker and a real estate agent?
Glossary Home» Mortgage