Definitions from Wiktionary (teaser rate)
▸ noun: (informal, finance) An initial, relatively low, rate of interest on an adjustable-rate mortgage designed to attract borrowers.
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▸ noun: (informal, finance) An initial, relatively low, rate of interest on an adjustable-rate mortgage designed to attract borrowers.
Similar:
tracker mortgage,
tracker,
rate tart,
soft loan,
kicker,
floor,
Lombard rate,
interest rate guarantee,
key interest rate,
usury,
more...
Opposite:
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▸ Wikipedia articles (New!)
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▸ Invented words related to teaser rate