The maximum allowable increase in the interest rate on an ARM each time the rate is adjusted. It is usually 1 or 2 percentage points.
Cornerstone Mortgage
 |
 |
 |
 |
 |
 |
 |
 |
 |
Cornerstone Mortgage
by Admin
The maximum allowable increase in the interest rate on an ARM each time the rate is adjusted. It is usually 1 or 2 percentage points.
|
|
|
|
|
|
|
|
|