what is a teaser rate

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Teaser | Definition of Teaser by Merriam-Webster – Teaser definition is – one that teases. How to use teaser in a sentence.. credit cards offering teaser rates to get people to sign up . Recent Examples on the Web. However, a screenshot from the teaser for next week’s episode proves Ghost is,

teaser rate – Wiktionary – teaser rate (plural teaser rates). (informal, finance) An initial, relatively low, rate of interest on an adjustable-rate mortgage designed to attract borrowers.

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The adjustable-rate mortgage offers a teaser rate for a certain introductory period, typically in increments of 3, 5, 7 or 10 years. The loan rate.

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A teaser rate generally refers to an introductory rate charged on a credit product. Credits cards may charge borrowers an introductory rate of 0%. Adjustable rate mortgages (ARMs) are also known.

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Introductory rate – Wikipedia – An introductory rate (also known as a teaser rate) is an interest rate charged to a customer during the initial stages of a loan.The rate, which can be as low as 0%, is not permanent and after it expires a normal or higher than normal rate will apply. The purpose of the introductory rate is to market the loan to customers and to seem attractive.

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rate teaser – Starryskynet – Teaser rate financial definition of Teaser rate – Teaser rate. A teaser rate is a low introductory interest rate on a credit card or an adjustable rate mortgage (ARM). The lender must tell you how long the teaser rate lasts and what the real cost of borrowing will be at the end of the introductory period.

A teaser loan can refer to any loan that offers a teaser rate of interest. Credit cards with a 0% introductory interest rate and adjustable rate mortgages are common examples of teaser loans.