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Real Estate Glossary

Welcome to our online Real Estate glossary. To search for a term, use the search box below. To browse our terms, click on a letter of the alphabet and browse away!

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Step-rate mortgage: A loan that allows a gradual increase in the interest rate during the first few years of the loan.
As defined by Inman

The definition for Step-rate mortgage and this glossary as a whole are presented to you as a courtesy of ForeclosuresMass. For other terms, explinations, definitions and descriptions, please visit our Glossary page.



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