- interest rate consider period option
- interest rate consider period option
An interest rate consider period option is an embedded option in a mortgage contract,
which gives the mortgagor the right but not the obligation to reconsider the interest rate
fixed period during the last y years of the current interest rate fixed period. During these
y years, the mortgagor can change the interest rate fixed period for free.
source: http://doc.utwente.nl/50842/1/thesisvanMullem.pdf
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