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Adjustable Rate Rider
Phonetics: ad·just·a·ble rate rid·er \ə-'jəs-tə-bəl\ \'rāt\ \'rīdər\
Definition 1: Thesaurus / Related Terms
The Adjustable Rate Rider document calculates the interest rate and monthly payments the borrower must make with an Adjustable Rate Mortgage. The interest rate would be based on the US Treasury Index at any given point in time.
Adjustable Rate Mortgage
Adjustable Rate Note