renegotiable rate mortgage

A government-sponsored mortgage that requires the mortgagee to renegotiate its terms every three to five years, based on market conditions.

— Also termed flexible-rate mortgage; rollover mortgage.


专业法律词汇 词条贡献者
法律翻译Julie,毕业于一所培养最顶级翻译人才的语言学院,专注翻译各类与欧洲通信法规有关的法律文件。
Scroll to Top