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Rollover mortgage
Mortgage for which the unpaid Balance is refinanced every few years at then-current rates. This is good for the borrower and bad for the Lender if Interest rates are falling, and bad for the borrower and good for the Lender if Interest rates are rising.
Related Terms: 12
Balance , Borrow , Finance , FIN , ISIN , Interest , Interest rate , Lend , Lender , Owe , Paid , Rent
Semi Related Terms: 423 CLICK HERE TO VIEW
Adjusted balance method ,
Allowance for depreciation ,
Account balance ,
Adjustable rate ,
Average daily balance ,
Average daily balance method ,
Accrued interest ,
At par ,
All or any part ,
At best ,
At call ,
Adjustable rate preferred stock ,
All-risks coverage ,
At risk ,
As is ,
Attorney in fact ,
Adjustable Rate Mortgage ,
Advance rate ,
Annual Percentage Rate ,
Applicable federal rate ,
Asset-based finance ,
Assignment of mortgage ,
Assumable mortgage ,
A shares ,
At the money ,
Absorption rate ,
Age-weighted plan ,
Across the board ,
Additional paid-in capital ,
Ad valorem ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Automated Pricing and Reporting System ,
Away from the market ,
Balance ,
Below the line ,
Burn rate ,
Benchmark interest rate ,
Brought over the wall ,
Buy the book ,
Balance of payments ,
Bank Rate ,
Base interest rate ,
Base-year analysis ,
Breaking the syndicate ,
By the book ,
Base rate ,
Blended rate ,
Borrow ,
Broker loan rate ,
Business finance companies ,
Back-end load ,
B shares ,
Buy and write ,
Bad title ,
Behavioral finance ,
Break-even tax rate ,
Beat the gun ,
Calendar year ,
Capitalized interest ,
Commercial year ,
Current debt ,
Current liabilities ,
Compensating balance ,
Compound interest ,
Current income ,
Collateralized Mortgage Obligation ,
Coupon rate ,
Current coupon bond ,
Current issue ,
Current market value ,
Current maturity ,
Current production rate ,
Current yield ,
Call money rate ,
Credit balance ,
Capitalization rate ,
Cap rate ,
Civilian unemployment rate ,
Current account ,
Current dollars ,
Cash and carry trade ,
Chasing the market ,
Crop year ,
Current delivery ,
Contract for deed ,
Chattel mortgage ,
Closed-end credit ,
Commercial finance ,
Commercial mortgage ,
Conduit borrower ,
Consumer interest ,
Conventional mortgage ,
Closed-end fund ,
Closed-end investment company ,
C shares ,
Close to the money ,
Cash-balance plan ,
Cash or Deferred Arrangement ,
Class A Shares ,
Class B Shares ,
Child and dependent care credit ,
Cup and handle ,
Close a position ,
Cornering the market ,
Curbs in ,
Declining balance method ,
Double-declining balance depreciation method ,
Deposit in transit ,
Deferred interest bond ,
Dividend in arrears ,
Dividend rate ,
Desk (the) ,
Discount rate ,
De-escalation clause ,
De facto ,
Debit balance ,
Debtor in possession ,
Debtor-in-possession financing ,
Deep in the money ,
Deep out of the money ,
Department of Housing and Urban Development ,
Dogs of the Dow ,
Effective annual interest rate ,
Exact interest ,
Either-or order ,
Exchange rate ,
Economic growth rate ,
E-mini ,
Exchange for futures ,
Exchange for physical ,
Effective tax rate ,
Ex-all ,
Equity mortgage ,
Explicit interest ,
Economic rent ,
First In First Out ,
Fiscal year ,
Federal Savings and Loan Association ,
Federal Home Loan Mortgage Corporation ,
Federal National Mortgage Association ,
Finance ,
Floating-rate bond ,
Fill or kill ,
Front-ending an order ,
Floating exchange rate ,
Foreign exchange rate ,
Forward exchange rate ,
Forward P/E ,
Favorable balance of trade ,
Federal Reserve Discount Rate ,
Fee-for-service ,
Front-end load ,
Form S-1 ,
Friends and family offering ,
Finance charge ,
Finance company ,
First mortgage ,
Fixed rate ,
Fixed-rate loan ,
Fixed-Rate Mortgage ,
Floating rate ,
Forward interest rate ,
Forward Rate Agreement ,
Full faith and credit ,
Free and clear ,
Federal ID Number ,
FIN ,
Falling knife ,
Good delivery ,
Government National Mortgage Association ,
Good Til Canceled ,
G-7 ,
General Agreement on Tariffs and Trade ,
G-8 ,
Good faith ,
General mortgage ,
Growing equity mortgage ,
Growth and income fund ,
Good title ,
Gather in the stops ,
Hit the bid ,
Health Insurance Portability and Accountability Act ,
Holder in due course ,
High-ratio mortgage ,
Home Equity Conversion Mortgage ,
Home Mortgage Disclosure Act ,
Head and shoulders ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Interest-bearing ,
In escrow ,
Interest rate collar ,
Interest rate risk ,
Interest rate swap ,
ISIN ,
In-house ,
In line ,
Inflation rate ,
Interest rate futures ,
Interbank Rate ,
Insurable interest ,
Interest ,
Interest expense ,
Internal Rate of Return ,
Indication of interest ,
In intestacy ,
Inter vivos trust ,
Imputed interest ,
Insured mortgage ,
Interest deduction ,
Interest-only loan ,
Interest rate ,
Interest rate cap ,
Interest rate ceiling ,
Interest rate floor ,
In play ,
In-process research and development ,
Interest rate option ,
I/O strip ,
Inchoate interest ,
Interest-only strip ,
In-service withdrawal ,
In and out ,
In sympathy ,
In the tank ,
Jointly and severally ,
Jumping the gun ,
Joint and several liability ,
Joint mortgage ,
Joint and survivor annuity ,
Last In First Out ,
Lender of last resort ,
Lending at a rate ,
London International Financial Futures and Options Exchange ,
London Inter-Bank Offer Rate ,
Legal age ,
Lend ,
Lender ,
Lock-in ,
Long-term mortgage ,
Leading the market ,
Locked in ,
Long-term gain or loss ,
Level I quotes ,
Mortgage-backed certificate ,
Mortgage-backed security ,
Mortgage bond ,
Mortgage pass-through security ,
Mortgage pool ,
Make a market ,
Margin rate ,
Market if touched order ,
Mortgage life insurance ,
Mortgage lien ,
Marginal lender ,
Market rate ,
Money at call ,
Mortgage ,
Mortgage banker ,
Mortgage banking ,
Mortgage broker ,
Mortgage debt ,
Mortgage interest deduction ,
Mortgage note ,
Mortgage rate ,
Mortgage REIT ,
Mortgage risk ,
Mortgage servicing ,
Mill rate ,
Net current assets ,
Net interest margin ,
Nominal rate ,
Non-interest-bearing note ,
Null and void ,
Normal retirement age ,
Off-balance-sheet financing ,
Off the books ,
Other current assets ,
Ordinary interest ,
Over-the-Counter ,
Or better ,
Operating rate ,
Open interest ,
On-the-spot loan ,
Open-end credit ,
Open-end mortgage ,
Open mortgage ,
Original principal balance ,
Overlying mortgage ,
Owe ,
Open-end fund ,
Open-end management company ,
Out of the money ,
Open-end lease ,
Old age, survivors, and disability insurance ,
On-balance volume ,
On the opening ,
Profit and loss statement ,
Pass-through coupon rate ,
Payment-in-kind security ,
Price Value of a Basis Point ,
Payment for order flow ,
P&L ,
Provision for income taxes ,
Private Mortgage Insurance ,
Package mortgage ,
Paid ,
Paid up ,
Past-due balance method ,
Personal interest ,
Prepaid interest ,
Previous balance method ,
Prime rate ,
Principal balance ,
Purchase-money mortgage ,
Prime rate fund ,
Paid-in capital ,
Paid-in surplus ,
Private Investment in Public Equity ,
Point-and-figure chart ,
Painting the tape ,
Reports and Records ,
Retention rate ,
Run rate ,
Real interest rate ,
Rate covenant ,
Real Estate Mortgage Investment Conduit ,
Reading the tape ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Rate of exchange ,
Real economic growth rate ,
Reduced paid-up insurance ,
Regulation A ,
Rate-improvement ,
Rate lock ,
Remaining principal balance ,
Renegotiable rate ,
Residential mortgage ,
Reverse-annuity mortgage ,
Reverse mortgage ,
Rollover mortgage ,
Rent ,
Rent control ,
Rising bottoms ,
Rate of return ,
Real rate of return ,
Selling, General and Administrative Expenses ,
SG&A ,
Savings and Loan ,
Simple interest ,
S&L ,
Securities and Exchange Commission ,
Spot rate ,
Sell the book ,
Savings rate ,
Swap rate ,
Short interest ,
Short interest ratio ,
Sale and leaseback ,
Secondary mortgage market ,
Second mortgage ,
Security interest ,
Self-amortizing mortgage ,
Share appreciation mortgage ,
Start rate ,
Structured finance ,
Selling the spread ,
Savings Incentive Match Plan for Employees ,
Selling short against the box ,
Shorting against the box ,
S Corporation ,
Short-term gain or loss ,
Sin tax ,
Standard mileage rate ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Seek a market ,
S&P phenomenon ,
Stop and reverse ,
Times interest earned ,
Trial balance ,
T-Bill ,
Take a position ,
Trailing P/E ,
Tenancy by the entirety ,
Teaser rate ,
Truth in Lending ,
Two-step mortgage ,
Tenancy at will ,
The Street ,
Timing the market ,
Take a bath ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Unpaid dividend ,
Unemployment rate ,
Unearned interest ,
Variable rate ,
With interest ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
When, as, and if issued ,
X or XD ,
Year-over-year ,
Year-To-Date ,
Y shares