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Pittsburgh, Pennsylvania refinance mortgage

Fill out our online mortgage quotes application and receive up to 4 lenders rate quotes. Mortgage.net will provide you with competitive refinance mortgage. With many mortgage brokers competing to get you your mortgage quotes we will get you the best Pittsburgh, Pennsylvania refinance mortgage. Need a Bad Credit loan? Mortgage.net can help. Need Pittsburgh, Pennsylvania mortgage refinancing, mortgage.net will get you the best refinance mortgage. Use our mortgage calculator to calculate your Pittsburgh, Pennsylvania rates. More Pittsburgh, Pennsylvania information available including Pittsburgh, Pennsylvania weather.

You are here: Refinance Mortgage > Pennsylvania refinance mortgage > Allegheny refinance mortgage > Pittsburgh
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Today's Mortgage Terms starting with I

Index:

An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.

Initial Rate:

The rate charged for the first interval of an ARM loan.

Interest:

Compensation in the form of money paid for the use of money.

Interest Rate Cap:

Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.

View all Terms
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