Sentences with phrase «annually after the introductory period»
Even though the LIBOR index adjusts frequently, Bank of America adjustable - rates mortgages only adjust annually after the introductory period expires.
https://www.bankofamerica.com/ Not exact matches
Adjustable - rate mortgage: ARM loans have an interest rate that's fixed for an introductory period, after which it can fluctuate annually over the loan's remaining life span.
Adjustable - rate mortgage: ARM loans have an interest rate that's fixed for an introductory period, after which it can fluctuate annually over the loan's remaining life span.