FT MarketWatch

Rate-improvement

A Fixed-Rate Mortgage provision which gives the borrower a one-time Option to reduce the Interest rate, without Refinancing, near the beginning of the mortgage.

Related Terms: 11 Borrow, Financing, Fixed-Rate Mortgage, FIN, Interest, Interest rate, Mortgage, Option, Owe, Provision, Refinancing
Other Related Pages: Category: Real_Estate Starting With: R
Semi Related Terms: 559 CLICK HERE TO VIEW
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