Real estate blog entries tagged with adjustable rate by Melissa Kiser, a next generation Realtor (Star Real Estate)

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Home : Blogs : Melissa Kiser, a next generation Realtor : Melissa's Blog : Tag "adjustable rate"

adjustable rate: A tad of terminology - 02/01/08 09:49 AM

Acceptance: The date when both parties, seller and buyer, have agreed to and completed signing and/or initialing the contract.
Adjustable Rate Mortgage: A mortgage that permits the lender to adjust the mortgage's interest rate periodically on the basis of changes in a specified index. Interest rates may move up or down, as market conditions change.
Amortized Loan: A loan, which is paid in equal installments during its term.
A.P.R. (Annual Percentage Rate): A term used in the Truth in Lending Act. It represents the relationship of the total finance charge (interest, discount points, origination fees, loan broker, commission, etc.) to … (0 comments)

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Melissa Kiser, a next generation Realtor

Huntington Beach, CA

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