| Cap. |
A provision of an adjustable-rate mortgage (ARM) that limits how much the interest rate or mortgage payments may increase or decrease.
출처: www.mortgage4homes.com/html/mortgage_glossary.html
|
|---|---|
| Cap. |
Change Cap - an interest rate cap which limits the increase on the interest rate from one adjustment period to the next. (2) Life Cap - an interest rate cap which limits the increase rate over the life of the loan.
출처: www.ourcapecoral.com/allgemein/glossary%20of%20ter...
|