Interest Rate Cap
Last updated 2026-08-01
Fannie Mae
Updated 2026-08-01
For an adjustable-rate mortgage (ARM), a limitation on the amount the interest rate can change per adjustment or over the lifetime of the loan, as stated in the note.
Fannie Mae Glossary of Terms
Fannie Mae · pp. 24–27
CFPB
Updated 2026-08-01
An interest rate cap, sometimes referred to as an annual cap, is the maximum interest rate
CFPB Mortgage Terms
CFPB · pp. 15–18
FTC
Updated 2026-08-01
For an adjustablerate mortgage (ARM), a limitation on the amount the interest rate can change per adjustment or over the lifetime of the loan, as stated in the note.
FTC Real Estate Terms
FTC · pp. 10–11
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