Examples of Monthly Interest Rate in a sentence
Monthly Interest Rate - Interest Income (Expense) - Notes: 1) From Attachment 1, line 15, col.
The loan- to-value ratio is the average ratio for single family newly-built home mortgages (Federal Housing Finance Agency, Monthly Interest Rate Survey, Table 10); the tax rate is a NIPA-based estimate.
Upon the agreement of the parties as to the correction, if the corrected Applicable Interest Rate, Monthly Interest Rate or Accrued Interest (if such Accrued Interest shall have been paid) represents an overpayment by Borrowers to Lender and no Event of Default then exists, Lender shall promptly refund the overpayment to Borrowers or, at Borrowers’ option, credit such amounts against Borrowers’ payment next due hereunder.
If, at any time, Lender or Borrowers determine that Lender has miscalculated the Applicable Interest Rate, the Monthly Interest Rate or Accrued Interest (whether because of a miscalculation of LIBOR or otherwise), such party shall notify the other of the necessary correction.
The FHFB monthly conducts and publishes the results of a survey of mortgage interest rates, the Monthly Interest Rate Survey (MIRS).