New Visitors Privacy Policy Sponsorship Contact Us Media
Baby Boomers Family Green Home and Auto In Critical Condition Just Starting Out Lifestyle Money
- advertisement -
Bankrate.com
News & Advice Compare Rates Calculators
Rate Alerts  |  Glossary  |  Help
Mortgage Home
Equity
Auto CDs &
Investments
Retirement Checking &
Savings
Credit
Cards
Debt
Management
College
Finance
Taxes Personal
Finance

Special section Mortgage reset

Confused by contract terminology? These interactive tools will help borrowers understand their adjustable-rate mortgages.

Tools

Adjustable-rate mortgage contract primer
 

Select one of the tabs to view the contract. Place your mouse over the highlighted sections of the contract to view an explanation. To see how the annotated contract was developed, read this article.

Prime ARM
Subprime ARM
Option ARM
Balloon
Prepayment penalty

Source: Equity Now
Explanation:
-- Posted: May 29, 2007
<< Previous article | Next article >>  

INTRODUCTION
 
 
 
 
 
 
 
Mortgages
Compare today's rates
NATIONAL OVERNIGHT AVERAGES
30 yr fixed mtg 4.00%
15 yr fixed mtg 3.10%
5/1 ARM 3.19%
Rates may include points
- advertisement -
- advertisement -
- advertisement -

About Bankrate | Privacy Policy/Your California Privacy Rights | Online Media Kit | Partnerships | Investor Relations | Press Room | Contact Us | Sitemap
NYSE: RATE | RSS Feeds |

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

Bankrate.com ®, Copyright © 2014 Bankrate, Inc., All Rights Reserved, Terms of Use.