GLOSSARY

Bankrate's financial glossary

Did you run across an unfamiliar term when applying for a mortgage, credit card or auto loan? Find the meaning here, along with definitions of other financial words and phrases, in Bankrate.com's financial glossary.

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Term:
Real Estate terms
Abandonment
Abstract of judgment
Abstract of title
Accelerated cost recovery system
Accelerated depreciation
Acceleration clause
Acceptance
Acquisition indebtedness
Acre
Acre foot
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MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed, 0 point 4.28%  0.02 4.26%
15 year fixed, 0 point 3.30% --0.00 3.30%
5/1 ARM 3.35%  0.05 3.30%
 
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Product Rate Change Last week
30K FICO-based HELOC 4.74%  0.01 4.75%
50K FICO-based HELOC 4.53%  0.02 4.51%
100K FICO-based HELOC 4.26%  0.02 4.24%
 
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Product Rate Change Last week
60 month used car loan 2.86% --0.00 2.86%
48 month used car loan 2.79% --0.00 2.79%
60 month new car loan 2.94% --0.00 2.94%
 
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Product Rate Change Last week
1 Year CD 0.89%  0.00 0.89%
2 Year CD 1.02% --0.01 1.01%
5 Year CD 1.59% --0.00 1.59%
 
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Product Rate Change Last week
Balance Transfer Cards 15.67%  0.04 15.71%
Cash Back Cards 16.32%  0.04 16.36%
Low Interest Cards 10.91% --0.00 10.91%
 
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