variable-rate mortgage

  • 101Consumer price index — CPI redirects here. For other uses, see CPI (disambiguation). A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households. The CPI, in the United States is defined by the Bureau of Labor …

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  • 102ARM Index — The benchmark interest rate to which an adjustable rate mortgage is tied. An adjustable rate mortgage s interest rate consists of an index value plus a margin. The index underlying the adjustable rate mortgage is variable, while… …

    Investment dictionary

  • 103Equity Takeout — Taking money out of a property to use for a variety of purposes. Equity takeout allows homeowners to tap into the equity of their home. When an equity takeover is done on your home, the principal on the value of the mortgage will increase, if… …

    Investment dictionary

  • 104Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …

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  • 105Certificate of deposit — This article is specific to the United States. For a more general article, see Time deposit. Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account …

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  • 106Creative real estate investing — is a term used to describe non traditional methods of buying and selling real estate. Typically, a buyer will secure financing from a lending institution and pay for the full amount of the purchase price with a combination of the borrowed funds… …

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  • 107Indexed ARM — An adjustable rate mortgage on which the interest rate adjusts periodically according to an underlying benchmark index plus a margin. An adjustable rate mortgage contract states which index will be used, how often the interest rate will adjust… …

    Investment dictionary

  • 108index — in·dex 1 n: a numerical measure or indicator (as of inflation or economic performance) see also consumer price index index 2 vt: to link (as wages, rates, or investments) to an index under the contract wages were index ed to inflation M …

    Law dictionary

  • 109Maturity (finance) — In finance, maturity or maturity date refers to the final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid. The term fixed maturity is applicable to any form of… …

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  • 110Certificate Of Deposit Index - CODI Index — The 12 month average of the most recently published dealer bid rates (yields) on nationally traded three month certificates of deposit as reported in the H.15 Federal Reserve Statistical Release. The yields are annualized using a 360 day year.… …

    Investment dictionary