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interest rate adjustment

См. также в других словарях:

  • Interest Rate Cap Structure — Limits to the interest rate on an adjustable rate loan frequently associated with a mortgage. There are several different types of interest rate cap structures including an initial, periodic and lifetime interest rate cap structure. The initial… …   Investment dictionary

  • Interest Rate Ceiling — The maximum interest rate that a financial institution can charge a borrower for an adjustable rate mortgage or loan according to the contractual terms of the mortgage or loan. This interest rate is expressed as an absolute percentage. For… …   Investment dictionary

  • Periodic Interest Rate Cap — A part of an interest rate cap structure on loans and mortgages. The periodic interest rate cap limits the amount by which the interest rate on an adjustable rate loan can adjust at specified adjustment dates. For example, an adjustable rate… …   Investment dictionary

  • Nominal interest rate — In finance and economics nominal interest rate or nominal rate of interest refers to the rate of interest before adjustment for inflation (in contrast with the real interest rate); or, for interest rates as stated without adjustment for the full… …   Wikipedia

  • Initial Interest Rate Cap — The maximum amount the interest rate on an adjustable rate loan can adjust on its first scheduled adjustment date. This is part of the interest rate cap structure on the loan, usually a mortgage, which helps to give borrowers some protection from …   Investment dictionary

  • Real interest rate — The real interest rate is approximately the nominal interest rate minus the inflation rate (see Fisher equation and below for exact equation). Since the inflation rate over the course of a loan is not known initially, volatility in inflation… …   Wikipedia

  • adjustment date — The date the interest rate changes on an adjustable rate mortgage (ARM). On most ARMs, the rate starts out fixed at a discount for an initial period, such as five years. Then it s reset (typically upward) on the adjustment date to reflect current …   Law dictionary

  • adjustment period — For homeowners with an adjustable rate mortgage (ARM), the scheduled period between changes in the interest rate. The adjustment period can be monthly, semi annually, annually, and so forth. Category: Real Estate & Rental Property Nolo’s Plain… …   Law dictionary

  • Adjustment Date — 1. The date on which financial adjustments will be made to a contract or transaction, as agreed to by all the parties involved in the transaction. 2. Adjustment date also refers to the date on which the interest rate changes in an adjustable rate …   Investment dictionary

  • Adjustment Interval — The amount of time between interest rate changes to an adjustable rate mortgage (ARM). Most ARMs have two adjustment intervals. The first interval is typically longer (usually 3,5,7 or 10 years) during which there is a fixed rate of interest and… …   Investment dictionary

  • Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …   Wikipedia

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