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单词 renegotiable-rate mortgage
释义 renegotiable-rate mortgage
 /ree'ni goh"shee euh beuhl rayt', -sheuh beuhl-/
 a type of home mortgage for which monthly payments stay constant for a term, usually of three to five years, and the interest rate is renegotiated at the end of every such term until the loan is paid off. Abbr.: RRM Also called rollover mortgage.
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更新时间:2025/1/23 1:03:51