Examples of Adjustable Rate in a sentence
Home values may go down or interest rates may go up.You can learn more about ARMs in the Consumer Handbook on Adjustable Rate Mortgages (files.consumerfinance.gov/f/201401_cfpb_booklet_charm.pdf) or by visiting consumerfinance.gov/owning-a-home.
For purposes of calculating DWAM, the maturity of an Adjustable Rate Security generally will be the period remaining until its next interest rate adjustment.
An Adjustable Rate loan is a loan in which the interest rate and monthly payment may change over the life of the loan.
Pursuant to the Agreement each participant has an obligation to pay its share of debt service on the Adjustable Rate Revenue Bonds (Bonds) from the revenues of its electric system, subject only to the prior payment of Operating & Maintenance Expenses (O&M) of each participant’s System, and shall be on a parity with any outstanding and future senior electric system revenue bonds, notes or other indebtedness payable from any revenues of the System.
Buyer will obtain a Loan(s) upon the following terms.Type: Conventional FHA DVA Other Not Applicable Interest Rate: Fixed Adjustable Rate Interest Only Other Amortization Period: yearsPrincipal Amount or LTV: All Loan amounts will include financed mortgage insurance premiums of DVA funding fee, if any, according to the provisions described herein.