Technical Analysis Glossary Teaser rate low interest rate

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Technical Analysis Glossary: Teaser rate

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Term:

Teaser rate

Definition:

A low initial interest rate on an adjustable-rate mortgage to entice borrowers, that is later eliminated and replaced by a market-level rate.

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Nasdaq in a week?

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Nasdaq in a month?

Up more than 5%

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11/23/2008 - SV1