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Updated about 10 years ago on .

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from boston, New Hampshire
  • Member since Apr 18, 2014
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from boston, New Hampshire
  • Member since Apr 18, 2014
Connect
Account Closed
  • Real Estate Investor
  • boston, NH
32
Votes |
401
Posts
Buying & Selling Real Estate

margin remains constant?

Account Closed
  • Real Estate Investor
  • boston, NH
Posted

i am taking a real estate agent exam soon so i can get expand my investing career. on a question it says...

on an adjustable rate mortgage, a margin is added to the index to determine the new interest rate. the margin will *remain constant over the life of the loan*(this is the answer)

what is a margin?  not sure i fully understand this question

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