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Teaser Rate Definition & Example | InvestingAnswers – What it is: A teaser rate is usually an artificially low initial interest rate on an adjustable-rate mortgage (ARM).
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Teaser Loan – Definition – Investopedia – Adjustable Rate Mortgages. Some ARM mortgages will begin with the teaser rate, which is a low promotional interest rate. This rate can be charged during all of or a portion of the fixed rate part of the mortgage. Some adjustable rate mortgages may also use variations of teaser rates in the variable portion of the loan.
What is a Teaser Rate? – orlandoflhomesbydean.com – What is a Teaser Rate? In a tough housing market, the best thing you can do is thoroughly investigate all of your options. Do your research. Ask a lot of questions. If your credit is less than stellar, you may be thinking of getting an ARM with a low "teaser" rate.
Teaser Rate Mortgage Defined – Mortgage News Daily – A teaser rate is usually a lower interest rate that is used to attract potential buyers who may or may not qualify for that lower rate. In some are the initial interest rate.
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Teaser rate Definition | Bankrate.com – A teaser rate, also known as an introductory rate, is a below-market interest rate that lasts for a limited period of time.
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