- flexible-rate mortgage
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/flek"seuh beuhl rayt'/.
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Universalium. 2010.
flexible-rate mortgage
Look at other dictionaries:
flexible-rate mortgage — /flek seuh beuhl rayt /. See adjustable rate mortgage … Useful english dictionary
Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… … Wikipedia
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
Flexible mortgage — The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first appeared in Australia in the early 1990s (hence the US term Australian mortgage) … Wikipedia
Mortgage-Backed Note — A type of promissory note that is associated with a particular mortgage loan. Mortgage backed notes represent the legal promise to repay a mortgage loan. These notes specify the terms of the loan, including the amount of interest and principal… … Investment dictionary
Flexible Payment ARM — A type of adjustable rate mortgage that allows the borrower to select from four different payment options each month: a 30 year, fully amortizing payment; a 15 year, fully amortizing payment; an interest only payment or a minimum payment .… … Investment dictionary
Mortgage industry of Denmark — The mortgage industry of Denmark has proved very effective in providing borrowers with flexible and transparent loans on conditions close to the funding conditions of capital market players. Simultaneously, the covered mortgage bonds[1] transfer… … Wikipedia
Flexible spending account — A flexible spending arrangement (FSA), or Flexible Spending Account, as they are commonly called, is one of a number of tax advantaged financial accounts that can be set up through a cafeteria plan of an employer in the United States. An FSA… … Wikipedia
rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… … Financial and business terms
UK mortgage terminology — This page gives descriptions of UK mortgage terminology which can often confuse borrowers.IntroductionThe UK mortgage market is one of the most innovative and competitive in the world. Most borrowing is funded by either mutual organisations… … Wikipedia
