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Glossary (click letters)
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INDEX – an economic indicator, usually a published interest rate.
INDUSTRIAL FOR LEASE – industrial space available.
INDUSTRIAL – property used for industrial purposes, such as factories.
INTEREST RATE CAP – limits the interest rate or the interest rate adjustment to a specified maximum. This protects the borrower from increasing interest rates.
INTEREST RATE – the sum charged for borrowing money, expressed as a percentage
INTEREST – the sum paid for borrowing money, which pays the lender’s costs of doing business.
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Hello Jeff, thanks very much. You guys are as bad as I am working till 9–10PM. Ah the ...
- Mike Carnevale | Creamer Mortgage and Loans
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