Sentences with phrase «fluctuate during your term»
Your payments and benefit are fixed, meaning that neither will change or fluctuate during your term length.
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Adjustable rate mortgage (ARM): This type of loan features an interest rate that fluctuates during the term of the loan in accordance with changes in the index rate, which in turn is determined by current market conditions.
Your payments and benefit are fixed, meaning that neither will change or fluctuate during your term length.
Variable rate mortgage - Mortgage in which the interest rate fluctuates during the term and either payments or balance outstanding are adjusted accordingly.
Not exact matches
Interest rates fluctuate with the economy, and they can increase during the short term you've selected.
A mortgage rate that is based on the lender's Prime rate, and can fluctuate during the mortgage term if the Prime rate changes.
An interest rate that may fluctuate (adjust) during the term of a loan, line of credit, or deposit account.