capped mortgage

См. также в других словарях:

• capped mortgage — A mortgage in which the variable interest rate paid by the borrower cannot rise above a specified level, usually for the first few years of the loan. The interest rate can, however, be reduced if interest rates fall generally. See also cap and… …   Big dictionary of business and management

• Mortgage underwriting — is the process a lender uses to determine if the risk (especially the risk that the borrower will default[1] ) of offering a mortgage loan to a particular borrower is acceptable. Most of the risks and terms that underwriters consider fall under… …   Wikipedia

• capped-rate mortgage — ➔ mortgage1 …   Financial and business terms

• capped rate — ➔ rate1 * * * capped rate UK US noun [C] ► FINANCE, PROPERTY an interest rate on a loan that will not rise above an agreed rate for an agreed period of time: »A capped rate guarantees your mortgage will not rise above a certain level …   Financial and business terms

• capped-rate — UK US adjective [before noun] ► FINANCE, PROPERTY a capped rate loan is one with an interest rate that will not rise above an agreed rate for an agreed period of time: »a capped rate mortgage/loan »If the home buyer wants security against rising… …   Financial and business terms

• Capped Floating-Rate Notes — (облигации с фиксированным максимумом плавающей ставки) облигации с плавающей купонной ставкой, имеющей ограниченное максимальное значение. Приобретая такие облигации, инвестор отказывается от преимуществ увеличения процентных ставок выше… …   Ипотека. Словарь терминов

• Mortgage industry of the United Kingdom — The Mortgage industry of the United Kingdom has traditionally been dominated by building societies, but from the 1970s the share of the new mortgage loans market held by building societies has declined substantially. Between 1977 and 1987, the… …   Wikipedia

• mortgage — the transfer of right of ownership of a property from a debtor to a creditor as security for a debt, with the proviso that once the debt is paid ownership is transferred back. Glossary of Business Terms (1) noun A legal instrument that creates a… …   Financial and business terms

• Mortgage — A loan secured by the collateral of some specified real estate property which obliges the borrower to make a predetermined series of payments. The New York Times Financial Glossary * * * ▪ I. mortgage mort‧gage 1 [ˈmɔːgɪdʒ ǁ ˈmɔːr ] noun… …   Financial and business terms

• Mortgage Credit Certificate — In the United States, a Mortgage Credit Certificate (more commonly referred to as MCC) is a certificate issued by certain state or local governments that allows a taxpayer to claim a tax credit for some portion of the mortgage interest paid… …   Wikipedia

• capped rate — /ˌkæpt reɪt/ verb a mortgage rate which is guaranteed not to go above a certain level for a set period of time, although it can move downwards …   Dictionary of banking and finance