Welcome, visitor! [ Login

Premium WordPress Themes - AppThemes


Initial adjustment cap

  • Listed: August 13, 2022 1:47 pm
  • Expires: This ad has expired


Initial adjustment cap

An initial adjustment cap is typically associated with adjustable rate mortgages (ARMs). This cap determines how much the interest rate can increase the first time it adjusts after the fixed-rate period expires. It’s common for this cap to be either two or five percent – meaning that at the first rate change, the new rate can’t be more than two (or five) percentage points higher than the initial rate during the fixed-rate period.

No Tags

254 total views, 1 today


Listing ID: 18762f7ab688a969

Report problem

Processing your request, Please wait....