Nochange Scenario

Definition of "No-Change Scenario"

On an ARM, the assumption that the value of the index to which the interest rate is tied does not change from its initial level.

Search Real Estate Glossary

Related Real Estate Glossary terms

Section 1231

Section of the Internal Revenue Code applies to assets used in a trade or business,. In general, gai ...

Veterans Administration Mortgage

Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requir ...

Planned Premium Payment/target Premium Payment

Premium payment made by the policy owner under a universal life insurance policy, usually on an auto ...

Base

(1) Bottom of something used as support. (2) Most essential element. (3) Type of interest rate used ...

Managed Care

Plan to control employer's health care cost through the introduction of practice guidelines or proto ...

Vest

Giving another an immediate benefit. Example are an employee in a real estate company receiving pens ...

Related Real Estate FAQ

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

What Is A Lien?

A lien is a claim against a property. ...

Do I Need Life Insurance?

Whether you are a .boomer. an .X-er. or an .empty Nester. it is never to or too late . to think abou ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Is Commission?

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

What Is A Deed?

A deed is a legal document that conveys the title to a property. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Mortgage Loan Types Getting Ready to Sell? Don't make these DIY Mistakes! 5 U.S. Cities with the Best Public Transportation Why Use a Real Estate Agent? Build or Buy? That’s the Big Question

FAQ

What do I need to know about Auto Insurance? What is a spec house? What is a principal? What is an assessed value? What do I need to know about Universal Life Insurance?