A loan in which the interest rate is adjusted periodically during the term of the loan based on a pre-selected index and time adjustment.
利率在贷款期间按照预先确定的指标和时间不时调整的贷款。
2
The broadest index, Case-Shiller's 20-city composite, fell 0.3% from July to August (this data is seasonally adjusted), after sinking 0.2% the prior month.
IF THERE is one chart that captures the madness of the housing bubble in the first half of the 2000s, it is Robert Shiller's index of real (ie, inflation-adjusted) house prices in America.