Dual index mortgage
Definition
A mortgage on which the interest rate is adjustable based on an interest rate index, and the monthly payment adjusts based on a wage and salary index
Related Terms Other terms related to 'Dual index mortgage' starting with the letter 'D' Deadbeat, Demand clause, Down payment, Discount points, Documentation requirements Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 