Adjustable Rate Mortgage A mortgage loan were the interest rate adjusts periodically based on
the changes of a specified index such as the one - year Treasury Bill or the LIBOR.
Not exact matches
The relative strength
index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder, that compares the magnitude
of recent gains and losses over a
specified time period to measure speed and
change of price movements
of a security.
A mortgage that permits the lender to adjust its interest rate periodically on the basis
of changes in a
specified financial
index.
Adjustable - rate Mortgage (ARM) A mortgage that permits the lender to adjust the interest rate periodically on the basis
of changes in a
specified index.