FINANCE|financial institutions and credit|credit policy
- dáta athshocraithe ráta úis Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- interest rate reset date | reset date
- en
- Definition point in time when the initial fixed interest rate on an adjustable rate mortgage changes to an adjustable rate Reference "Investopedia > 'Reset Date', http://www.investopedia.com/terms/r/reset-date.asp [13.10.2014]"
- Comment This date is commonly one to five years from the start date of the mortgage. After the initial reset date, the interest rate will continue to reset as often as once a month.