The limit specified by some ARMs as the maximum amount the interest rate may increase when the initial interest rate expires.
Related information about initial rate cap:
- ARM Caps - ARM Rate Caps - Adjustable Rate Caps - LendingTree
Aug 6, 2007 ... Initial rate cap 5% Annual rate cap 2% Lifetime rate cap 5%. Need personalized help? Get support, advice and education through our step-by- ...
- What is initial interest rate? definition and meaning
Related Terms. initial rate cap · payment option ARM · subsequent rate adjustments. Mentioned in these terms. initial interest rate cap. Browse by Letter: ...
- What is initial rate period? definition and meaning
Nearby Terms. initial margin · Initial Public O... initial public o... initial rate cap · initial rate dur... initial yield · initials · initiate coverag... inject · injection ...
- Rate Cap - Financial Dictionary - The Free Dictionary
500% margin and a initial rate cap of 3% and then annual rate caps of 2% for every year thereafter. How Do Adjustable Rate Mortgages Work? by Wilmington ...
- Terms of Service - Starion Energy
the period of time the initial rate cap is in effect, which is the time period stated at sign-up. You agree to take service from. Starion for the full initial term and not to ...
- Disclosure Statement/Terms of Service - Starion Energy
product with a price cap),there will be an initial rate cap under this Agreement at the price per kWh and in effect for the time period stated at sign-up and ...
- Disclosure Statement/Terms of Service - Starion Energy
product with a price cap), there will be an initial rate cap under this Agreement at the price per kWh and in effect for the time period stated at sign-up and ...
- Terms and Conditions - Starion Energy
cap), there will be an initial rate cap under this Agreement at the price per kWh and in effect for the time period stated at sign-up and confirmed in your Welcome ...