what is a teaser rate

" The credit card offer from Big Billz Co. offered a ridiculously low 1% teaser rate, but the fine print detailed that unsuspecting customers would be signing on for a hike to 35% after the first six months.

Because HELOCs have lots of moving parts – variable interest rates, introductory/teaser rates, closing costs, fees, possible balloon payments – it's wise to.

Definition of teaser rate: Interest rate that is enticingly low (offered usually on adjustable rate mortgages) or enticingly high (offered usually on money-market investments) to bring in customers who might also buy the.

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A new teaser released by OnePlus on its Weibo page over the weekend has raised speculation that the upcoming oneplus 6 could sport a heart-rate sensor. The teaser poster shows a cardiogram graphic.

Teaser rate. Also called the introductory rate, the teaser rate is the annual percentage rate charged by the credit card issuer during an initial period. The Credit CARD Act of 2009 requires that introductory periods must last at least six months. When the teaser period ends, the APR goes to a higher, "go-to" rate.

Royal Bank of Scotland is to stop offering favourable introductory rates on all of its consumer products after its chief executive dismissed the.

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A "teaser rate" is a low, introductory interest rate that is typically offered for the first few months as an incentive to choose a certain mortgage program. The concept is somewhat similar to offers you see for 0% APR credit cards. teaser rates are common in adjustable-rate mortgages, as most are now hybrid ARMs.

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A teaser rate is a type of interest rate that is often offered by mortgage companies in order to entice individuals to refinance. This type of mortgage rate is often associated with adjustable-rate mortgages. The teaser rate will be much lower than the average interest rates that are currently available in the market.