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standard variable rate mortgage

См. также в других словарях:

  • Variable-rate mortgage — A variable rate mortgage or floating rate mortgage is a mortgage loan where the interest rate varies to reflect market conditions. The interest rate will normally vary with changes to the base rate of the central bank and reflects changing costs… …   Wikipedia

  • 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

  • fixed-rate mortgage — A mortgage where the rate of interest is fixed for a set period of time. The advantage of this type of mortgage is that the investor can budget accurately. Even if interest rates rise or fall and lenders alter their mortgage rates in line, your… …   Financial and business terms

  • discounted rate mortgage — A mortgage which guarantees that the interest rate charged will be lower than the lender s standard variable rate. The lower rate offered is usually set for a specified period of time and reverts to the standard rate after that period …   Financial and business terms

  • Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …   Wikipedia

  • 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

  • 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

  • variable */*/ — I UK [ˈveərɪəb(ə)l] / US [ˈverɪəb(ə)l] noun [countable] Word forms variable : singular variable plural variables a) something that can change and affect the result of a situation All these variables can affect a student s performance. b) maths a… …   English dictionary

  • variable — var|i|a|ble1 [ veriəbl ] noun count ** something that can change and affect the result of a situation: All these variables can affect a student s performance. a. TECHNICAL in mathematics, a letter representing a number that can change depending… …   Usage of the words and phrases in modern English

  • 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

  • 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

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