what is a teaser rate

A "teaser rate" is a low, introductory interest rate that is typically offered for the first few months as an incentive to choose a certain mortgage program. Home About

What is TEASER RATE? What does TEASER RATE mean. – Teaser rates are common in adjustable-rate mortgages, as most are now hybrid ARMs. In other words, they're fixed for a certain period of time before becoming.

What Is a Teaser Rate? – Financial Web – finweb.com – A teaser rate is a type of interest rate that is often offered by mortgage companies in order to entice individuals to refinance. This type of mortgage rate is often associated with adjustable-rate mortgages. The teaser rate will be much lower than the average interest rates that are currently available in the market.

Teaser rates are common in adjustable-rate mortgages, as most are now hybrid ARMs. In other words, they're fixed for a certain period of time before becoming.

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Teaser rate – Arlenepieper – Teaser rate definition – Credit Card Glossary – CreditCards.com – Teaser rate Also called the introductory rate, the teaser rate is the annual percentage rate charged by the credit card issuer during an initial period. The Credit CARD Act of 2009 requires that introductory periods must last at least six months.

What is a Teaser Rate? – propertiesinventura.com – Before you do, be sure you know all the facts about teaser rates and what they can mean to your financial health. What is a teaser rate? It is a low interest rate that applies at the start of the loan for a specified period of time, not the entire term of the loan.

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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.

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A teaser rate, also known as an introductory rate, is a below-market interest rate that lasts for a limited period of time.

What is Teaser Rate? definition and meaning – Definition of teaser rate: A very low but very temporary introductory rate on an adjustable rate mortgage or credit card.

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