verba mortgage rate which is guaranteed not to go above a certain level for a set period of time, although it can move downwards
Related information about capped rate:
- Capped Rate Definition | Investopedia
An interest rate that is allowed to fluctuate, but which cannot surpass a stated interest cap. For example, a 10-year loan may be issued to a borrower at 6%, but ...
- Mortgages | Capped Rate Mortgages | RateCity.com.au
Search, compare and apply for the best value home loans on the market including capped rate mortgages. Capped rate mortgages protect borrowers from rising ...
- Mortgages | Capped Rate Home Loans | RateCity.com.au
Capped rate home loans provide extra security of a variable interest rate without ... You can be rewarded by capped rate home loans if the variable rate is ...
- Capped-Rate Mortgage - National Bank of Canada
Capped-Rate Mortgage. The Capped-Rate Mortgage combines a low short-term interest rate with long-term interest rate security. Your capped-rate (maximal ...
- Capped Interest Rate — The Mortgage Warehouse Ltd - Online ...
Westpac's capped rate loan is best suited to ... You can "break" out of a capped rate loan at no cost, and can pay lumps sums off the principal without cost.
- What Is a Capped Rate?
A capped rate is a variable interest rate that can fluctuate over time, but has a cap or limit that it cannot exceed. Some examples of these financial instruments ...
- Capped Rate Home Loan - Find the cheapest rate!
With the fluctuating interest rates on the market you could save money by selecting a capped rate that is a cheaper and more flexible than a normal fixed rate.
- Capped Rate - Definition of Capped Rate - QFINANCE
Definition of capped rate from QFinance - The Ultimate Financial Resource. What is capped rate? Definitions and meanings of capped rate.