Definition of "Annual cap"

Rodney Hinote real estate agent
Rodney Hinote, Real Estate Agent Ansley Atlanta Real Estate

Amount the interest rate of a variable rate mortgage can be raised or lowered in any consecutive 12-month period.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a real estate agent?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Popular Real Estate Questions