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Mortgage Terms: Margin Definition

Mortgage Terms: Margin Definition

Margin

Definition

The amount added to the interest rate index, ranging generally from 2 to 3 percentage points, to obtain the fully indexed interest rate on an ARM.

See Information to Evaluate an Adjustable Rate Mortgage.

Related Terms

Other terms related to 'Margin' starting with the letter 'M'

Mortgage payment, Mortgage program, Monthly debt service, Mortgage company, Manufactured housing

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