Phrases with «rate period»

The phrase "rate period" refers to a specific length of time during which a rate, such as an interest rate or a rental rate, remains fixed or is applicable. Full definition

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Sentences with «rate period»

  • If you are considering an Adjustable Rate Mortgage, you will want to determine what happens once your introductory fixed rate period ends. (foundationmortgage.com)
  • Not a good choice if the client believes interest rates will be significantly higher after the fixed interest rate period ends. (onqfinancial.com)
  • However, when the introductory rate period of the card ends, creditors raise the interest rate, which in turn increases your monthly payments. (debtconsolidationcare.com)
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