A very low but very temporary introductory rate on an adjustable rate mortgage or credit card.
Related information about teaser rate:
- Introductory rate - Wikipedia, the free encyclopedia
A teaser rate is a low, adjustable introductory interest rate advertised for a loan, credit card, or deposit account in order to attract potential customers to obtain the ...
- Teaser Rate Definition | Investopedia
An initial rate on an adjustable-rate mortgage (ARM). This rate will typically be below the going market rate, and is used by lenders to entice borrowers to choose ...
- Teaser Rate Mortgage Defined
The purest and most harmless definition of a teaser rate is when a legitimate 2nd lien lender offers an “ introductory rate,” much in the same way a credit card ...
- Teaser rate - Financial Dictionary - The Free Dictionary
A low initial interest rate on an adjustable-rate mortgage to entice borrowers, that is later eliminated and replaced by a market-level rate.
- What is teaser rate? definition and meaning - InvestorWords.com
Definition of teaser rate: A very low but very temporary introductory rate on an adjustable rate mortgage or credit card.
- Review & Outlook: Uncle Sam's Teaser Rate - WSJ.com
Mar 13, 2012 ... The Wall Street Journal explains the risks to the federal budget deficit and taxpayers when interest rates inevitably rise.
- Teaser Rate: Definition from Answers.com
Teaser Rate 1. Low initial mortgage rate that lenders charge for an Adjustable Rate Mortgage. The rate is less than the rate charged for standard fixed.
- What is teaser rate? definition and meaning - BusinessDictionary.com
Definition of teaser rate: Interest rate that is enticingly low (offered usually on adjustable rate mortgages) or enticingly high (offered usually on money-market ...