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Close Topic OptionsPeriodic Payment Cap
Periodic Payment Cap - Politics, Business, Civil, History - Posted: 10th Jun, 2013 - 3:50pm
Posts: 3 - Views: 606
Post Date: 15th Jan, 2010 - 6:04pm / Post ID: #
Periodic Payment Cap
Periodic payment cap
In Real Estate terminology how do you define what "Periodic payment cap" mean exactly?
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Cap Payment Periodic
It happens in those mortgages with adjustable rate and it's the limit on the amount that the interest rate can increase or decrease during any one adjustment period.
International Level: Politics 101 / Political Participation: 0 
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Periodic Payment Cap History & Civil Business Politics
This is so important. So many people could have benefited from a cap in the last real estate crisis but of cousre it depends on what that cap is because if it is double or triple your mortgage payments then you still sink.
International Level: Senior Politician / Political Participation: 169 16.9%
TOPIC: Periodic Payment Cap