Initial Rate Period
Initial Rate Period
The number of months for which the initial interest rate holds on an ARM.
See Adjustable Rate Mortgage (ARM)/How the Interest Rate on an ARM Is Determined.
| 单词 | initial rate period |
| 释义 | Initial Rate PeriodInitial Rate PeriodThe number of months for which the initial interest rate holds on an ARM. See Adjustable Rate Mortgage (ARM)/How the Interest Rate on an ARM Is Determined. |
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