Investment Opportunities 45 »
Posted by: capitalinvest 2 months, 1 week agoD. Variable rate clause The variable rate mortgage (VRM) ties the interest rate to some specified index of market interest rates. As market rates fluctuate, either the periodic (usually monthly) payment or the loan's maturity would increase or decrease depending on whether the rate went up or down. Until 1980, federally chartered savings and loans
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