The important variables on an adjustable rate mortgage are the ..... frequency (one year is the most common), the base index (typically Treasury yield that matches the ARM frequency) and spread (typically 250-300 bps) used to calculate the new interest rate, the caps, and the teaser rate (a below-market initial rate). (*) refit (*) renew (*) reset (*) review
This is a companion discussion topic for the original entry at https://english.best/questions/10803,the-important-variables-on-an-adjustable-rate-mortgage-are-the-___-frequency-one-year-is-the-most-common-the-base-index-typically-treasury-yield-that-matches-the-arm-frequency-and-spread-typically-250-300-bps-used-to-calculate-the-new-interest-rate-the-caps-and-the-teaser-rate-a-below-market-initial-rate/