Ask Question
26 March, 18:31

A percentage added to the index of an adjustable rate mortgage that results in the "calculated rate" is the

+2
Answers (1)
  1. 26 March, 21:20
    0
    I think the correct answer would be margin. The calculate rate is obtained by adding index and the margin. The margin is the component in an adjustable rate mortgage that do not change. Hope this answers the question. Have a nice day.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A percentage added to the index of an adjustable rate mortgage that results in the "calculated rate" is the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers