The number of percentage points the lender adds to the index rate to calculate the ARM interest rate at each adjustment
Used with ARMâs (see Adjustable Rate Mortgage) The margin is the amount the lender adds to the index (see Index) value to determine the new interest rate at the time of adjustment for your loan Margins do not normally change over the life of the loan The margin reflects the lenderâs cost of doing business and an allowance for profit
The amount a lender adds to the index of an adjustable rate mortgage to establish an adjusted interest rate For example, a margin of 1 50 added to a 7 percent index establishes an adjusted interest rate of 8 50 percent
If there is a margin for something in a situation, there is some freedom to choose what to do or decide how to do it. The money is collected in a straightforward way with little margin for error
The amount a lender adds to the index of an adjustable rate mortgage to establish an interest rate For example, a margin of 1 50 added to a 7 percent index establishes an interest rate of 8 50 percent The margin remains the same throughout the loan
a strip near the boundary of an object; "he jotted a note on the margin of the page"
To be on the margins of a society, group, or activity means to be among the least typical or least important parts of it. Students have played an important role in the past, but for the moment, they're on the margins. see also profit margin. In finance, the amount by which the value of collateral pledged as security for a loan exceeds the amount of the loan. This excess provides the lender a "margin" of safety over and above the collateral offered and thus makes extending a loan a more attractive proposition. The size of the margin varies with the type of collateral, the stability of its market price, and the credit standing of the borrower. The term margin is also used in reference to securities transactions. When securities are purchased "on margin," the buyer supplies a percentage of the purchase price in cash, pledges the security as collateral, and borrows the remainder from the broker. The U.S. Federal Reserve Board (see Federal Reserve System) sets minimum margin requirements on loans made for the purpose of buying securities, so as to prevent excessive use of credit for speculation in stocks, as happened before the stock-market crash of 1929
A term used with ARM loans The number of percentage points the lender adds to the index rate to calculate the ARM interest rate at each adjustment
The set percentage the lender adds to the index rate to determine the interest rate of an ARM
the blank space that surrounds the text on a page the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities the boundary line or the area immediately inside the boundary
An amount, usually a percentage, which is added to the index to determine the interest rate for adjustable rate mortgages
an amount the lender adds to an index to determine the interest rate on an adjustable rate mortgage
The number of percentage points a lender adds to the index value to calculate the ARM interest rate at each adjustment period A representative margin would be 2 75%
The difference or the added amount In mortgages, the difference between the index interest rate and the interest rate charged on the variable or adjustable rate mortgage Expressed in the contract as a percentage (i e "prime plus three per cent")
Specifically: The part of a page at the edge left uncovered in writing or printing
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الواصلة
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