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Interest Rate Decrease Cap |
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Interest Rate Decrease Cap The maximum allowable decrease in the interest rate on an ARM each time the rate is adjusted. It is usually one or two percentage points. See Adjustable Rate Mortgage (ARM)/How the Interest Rate on an ARM Is Determined. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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