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- Real Estate Glossary - I
- Interest rate
Interest rate
- By Zitrof Real Estate
- Published 08/6/2009
- Real Estate Glossary - I
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Interest rate is the price a Borrower
pays for the use of money loaned to them.
An interest rate is often expressed as an annual percentage of the principal.
It is calculated by dividing the amount of interest by the amount of principal.
Interest rates often change as a result of inflation and Federal Reserve policies.
An interest rate is often expressed as an annual percentage of the principal.
It is calculated by dividing the amount of interest by the amount of principal.
Interest rates often change as a result of inflation and Federal Reserve policies.
