• variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based...
    38 KB (5,193 words) - 21:57, 14 August 2024
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    forms of mortgage loans include interest only mortgage, graduated payment mortgage, variable rate mortgage (including adjustable-rate mortgages and tracker...
    13 KB (2,101 words) - 20:04, 19 April 2024
  • rates on adjustable rate loans; payment of taxes and insurance from borrower escrow accounts; negotiations of workouts and modifications of mortgage upon...
    11 KB (1,186 words) - 19:49, 1 June 2024
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    Percentage Rate and stating how and when payments change in variable rate mortgages. Bridge financing Financing Fixed rate mortgage Adjustable-rate mortgage Mortgage...
    17 KB (2,134 words) - 19:40, 3 August 2024
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    loans are the fixed rate mortgage (FRM) and adjustable-rate mortgage (ARM) (also known as a floating rate or variable rate mortgage). In some countries...
    55 KB (7,250 words) - 18:06, 17 November 2024
  • floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, bond, mortgage, or credit, that...
    6 KB (831 words) - 15:31, 21 May 2024
  • Thumbnail for Subprime mortgage crisis
    prices fell, and adjustable-rate mortgage (ARM) interest rates reset higher. As housing prices fell, global investor demand for mortgage-related securities...
    298 KB (34,080 words) - 02:10, 11 November 2024
  • end of the period; some adjustable-rate mortgages do not need to be refinanced, and the interest rate is automatically adjusted at the end of the applicable...
    7 KB (915 words) - 12:58, 18 August 2023
  • referral. Subprime mortgage crisis Loan sale Mortgage loan Fixed-rate mortgage Adjustable-rate mortgage VA loan FHA insured loan Mortgage packagers "About...
    34 KB (4,552 words) - 23:45, 15 October 2024
  • rate with adjusting payments is a Graduated Payment Mortgage (GPM) a floating interest rate and payment amount indicates an adjustable-rate mortgage (ARM)...
    11 KB (1,335 words) - 03:39, 17 May 2024
  • initial mortgage payments, many subprime borrowers took out adjustable-rate mortgages (or ARMs) that give them a lower initial interest rate. But with...
    18 KB (2,055 words) - 23:24, 31 October 2024
  • Thumbnail for Annual percentage rate
    For an adjustable-rate mortgage the APR will also depend on the particular assumption regarding the prospective trajectory of the index rate. The calculation...
    31 KB (4,395 words) - 21:43, 23 September 2024
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    loans, meanwhile, gain low-risk income at a higher interest rate (essentially the mortgage rate, minus the cuts of the bank and GSE) than they could gain...
    13 KB (1,569 words) - 08:25, 15 July 2024
  • forms: interest rate risk, default risk, and prepayment risk. There is a risk to the lender that the rate on an adjustable-rate mortgage may decrease. If...
    3 KB (412 words) - 05:10, 20 November 2024
  • turn is used as a base for calculating variable rate loans. The interest rate on an adjustable rate mortgage, for example, is often linked to a regional COFI...
    1 KB (182 words) - 11:14, 30 April 2018
  • re modify the loan term, interest rate. Adjustable rate mortgage or ARM - A mortgage where the interest rate adjusts relative to a specified index + margin...
    2 KB (294 words) - 11:44, 8 January 2023
  • Thumbnail for Savings and loan crisis
    diversify and become more profitable. This included issuance of adjustable-rate mortgages and permission to enter into commercial real estate lending. Lower...
    48 KB (6,090 words) - 15:27, 20 November 2024
  • to offer the teaser rate to such consumers. Adjustable-rate mortgage Trojan horse (business) US mortgage terminology The complete idiot's guide to managing...
    4 KB (494 words) - 11:41, 12 July 2024
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    mortgage product type, from traditional, amortizing, fixed-rate mortgages (FRMs) to nontraditional, structurally riskier, nonamortizing, adjustable-rate...
    73 KB (8,397 words) - 22:03, 26 October 2024
  • original amortization schedule for fixed-rate loans and the current amortization schedule for adjustable-rate mortgages. BPMI can, under certain circumstances...
    13 KB (1,687 words) - 18:32, 23 September 2024
  • Thumbnail for U.S. prime rate
    prime rate, the Journal publishes a new prime rate. The prime rate is used often as an index in calculating rate changes to adjustable rate mortgages (ARM)...
    7 KB (445 words) - 11:56, 8 November 2024
  • Thumbnail for Garn–St. Germain Depository Institutions Act
    deregulated savings and loan associations and allowed banks to provide adjustable-rate mortgage loans. It is disputed whether the act was a mitigating or contributing...
    11 KB (812 words) - 16:30, 10 November 2024
  • Thumbnail for 2007–2008 financial crisis
    subprime mortgage crisis, which occurred due to a high default rate and resulting foreclosures of mortgage loans, particularly adjustable-rate mortgages. Some...
    247 KB (25,764 words) - 21:01, 12 November 2024
  • also be required for property bought with an adjustable rate mortgage (ARM) with a variable escalating rate charged annually through the duration of the...
    12 KB (1,641 words) - 05:45, 17 November 2024
  • Negative amortization (category Mortgage)
    loans today are mostly straight adjustable rate mortgages (ARMs), meaning that they are fixed for a certain period and adjust every time that period has elapsed;...
    15 KB (2,420 words) - 17:02, 20 November 2024
  • SIBOR (category Mortgage)
    (Singapore Overnight Rate Average). Adjustable-rate mortgage Fixed-rate mortgage Singapore Swap Offer Rate (SOR) Euribor TIBOR Prime rate TED spread LIBOR-OIS...
    2 KB (284 words) - 13:57, 13 October 2024
  • "Information on Reverse Mortgages". AARP. 12 U.S.C. § 1715z-20(j). "Sample HECM Adjustable-Rate Note" (PDF). See Home Equity Conversion Mortgages Monthly Report...
    41 KB (5,222 words) - 12:16, 18 November 2024
  • slightly higher interest rate. Combined with little or no down payment, the adjustable rate (ARM) variety of interest-only mortgages are sometimes indicative...
    9 KB (1,206 words) - 17:02, 16 June 2024
  • Thumbnail for Great Recession
    increasing mortgage payments as their adjustable rate mortgage payments increased, households began to default in record numbers, rendering mortgage-backed...
    129 KB (13,479 words) - 05:54, 17 November 2024
  • Streamline refinancing (category Mortgage)
    to take advantage of low interest rates, get out of an adjustable rate mortgage (ARM) or graduated payment mortgage (GPM). Both the FHA and VA offer streamline...
    9 KB (1,202 words) - 10:52, 28 March 2024