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... > contexts > demography > residence characteristics > housing > mortgage finance > adjustable-rate mortgages
... > contexts > population characteristics > demography > residence characteristics > housing > mortgage finance > adjustable-rate mortgages
... > contexts > population characteristics > health > public health > epidemiologic measurements > demography > residence characteristics > housing > mortgage finance > adjustable-rate mortgages

Terme préférentiel

adjustable-rate mortgages  

Définition

  • Since the early 1930s, the standard residential mortgage instrument used in the United States has been a fixed-rate mortgage (FRM). Although it was not often called an FRM, this instrument had a fixed interest rate, which was established at the beginning of the loan period; a constant or level payment or debt service, consisting of both interest and principal; and a fully amortizing repayment schedule, which included a sinking fund payment. [Source: The Encyclopedia of Housing; Adjustable-Rate Mortgages]

Concept générique

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URI

http://data.loterre.fr/ark:/67375/N9J-CHWR9311-Q

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