PropertyTalk.com : PropertyTalk.com Forum : Recent Changes : Contribute

From PropertyTalk.com Community Wiki

Jump to: navigation, search

Floating Interest Rate (or variable interest rate)
An interest rate that varies during the term of the loan. This rate can go both up and down, in line with movements in wholesale interest rates (usually the 90 day bank bill rate).
--Perry 23:30, 24 October 2007 (NZDT)

Retrieved from "http://wiki.propertytalk.com/index.php/Floating_Interest_Rate"
Personal tools