Real Estate Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


A measurement used by lenders to determine changes to the interest rate charged on an adjustable rate mortgage. 

The number of dollars in circulation exceeds the amount of goods and services available for purchase; inflation results in a decrease in the dollar's value. 

A fee charged for the use of money. 

Interest Rate
The amount of interest charged on a monthly loan payment; usually expressed as a percentage. 

Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.