Terms with Tag Rates

Variable Rate Mortgage (VRM) — Acronym, Very Important,
- Home loan in which the interest rate is changed periodically based on a standard financial index. Also called an "Adjustable-rate Mortgage."
➥ A type of mortgage loan offered by brokers and lenders.
Weighted Average Interest Rate (WAIR) — Acronym,
Zero-Interest Rate Policy (ZIRP) — Acronym,
- A macroeconomic term describing conditions in which countries exhibit no or very slow economic growth with a very low interest rate.

Variable Rate Mortgage -
Zero-Interest Rate Policy