Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Periodic Cap
FreddieMac
Updated 10-31-2026
Periodic Cap
For ARMs, the Periodic Cap is the maximum increase or decrease in the Note Rate on any Interest Change Date after the first Interest Change Date, expressed in percentage points. The related ULDD Data Point names are: Per Change Maximum Decrease Rate Percent Per Change Maximum Increase Rate Percent Per Change Maximum Principal And Interest Payment Decrease Percent Per Change Maximum Principal And Interest Payment Increase Percent
FreddieMac Glossary
FreddieMac · p. 32
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