contract interest

The average contract interest rate for a 30-year mortgage fell to 6.13 percent, a new low, in the week ended Aug. 9.

The Shadow explained that the contract interested him chiefly because it had been signed recently.

At maturity, no funds exchange hands; rather, the difference between the contracted interest rate and the market rate is exchanged.

A December 1930 issue of Construction, "A Journal for the architectural, engineering and contracting interests of Canada" featured an illustrated article, praised the Temple:

When the Federal association, commonly known as Fannie Mae, cancelled its index in 1983, the Dime replaced it with the Federal Home Loan Bank Board's survey of the average contract interest rates for mortgages on existing homes.

Growing Interest in Contract Interest in the M.M.I. contract has grown since the start of the year because the stocks that make up the M.M.I. are also components of the Dow Jones industrial average.

Two other bank board indexes in common use are the monthly weighted average cost of funds in the bank's 11th District, in San Francisco, and the board's national average mortgage contract interest rate for major lenders on the purchase of previously owned single-family homes.

The Interim Rule explained that, as a result of this guarantee, the unpaid principal and contract interest of an entity's newly-issued senior unsecured debt would be paid by the FDIC if the issuing insured depository institution failed or if a bankruptcy petition were filed by the respective issuing holding company.