Air from the environment that penetrates a building. …
Inflation
Inflation occurs when there is more money available than there are goods and services to be purchased. Mortgage rates, which are determined by the marketplace and the actions of the Federal Reserve …
Infrastructure
The roads, schools, parks, utilities, bridges, and communications systems in a community. …
Initial Interest Rate
The original interest rate on an adjustable rate mortgage. …
Initial Rate Cap
A specific limit defined by some adjustable rate loans (ARMs) for the maximum amount the interest rate may increase at the expiration of the initial interest rate. …
Initial Rate Duration
Most adjustable rate loans (ARMs) offer an initial interest rate below the current market rate. This initial or "teaser" rate expires after a period called the initial rate duration, which may last …