Fully Indexed Rate

Some articles on rate, rates, indexed:

Variable-rate Mortgage - Loan Caps
... payment protection against payment shock, and allow a measure of interest rate certainty to those who gamble with initial fixed rates on ARM loans ... There are three types of Caps on a typical First Lien Adjustable Rate Mortgage or First Lien Hybrid Adjustable Rate Mortgage ... Initial Adjustment Rate Cap The majority of loans have a higher cap for initial adjustments that's indexed to the initial fixed period ...

Famous quotes containing the words rate and/or fully:

    At the rate science proceeds, rockets and missiles will one day seem like buffalo—slow, endangered grazers in the black pasture of outer space.
    Bernard Cooper (b. 1936)

    Only a fully trained Jedi knight with the Force as his ally will conquer Vader and his emperor. If you end your training now—if you choose the quick and easy path, as Vader did—you will become an agent of evil.
    Leigh Brackett (1915–1978)