Interest Rates

An interest rate is the rate at which interest is paid by a borrower (debtor) for the use of money that they borrow from a lender (creditor). Specifically, the interest rate (I/m) is a percent of principal (P) paid a certain amount of times (m) per period (usually quoted per annum). For example, a small company borrows capital from a bank to buy new assets for its business, and in return the lender receives interest at a predetermined interest rate for deferring the use of funds and instead lending it to the borrower. Interest rates are normally expressed as a percentage of the principal for a period of one year.
Posts about Interest Rates
  • 7 Core Ways to Compare Lenders and Products

    … a list of seven core characteristics when comparing lenders and products. Interest rate Term of the loan Maximum loan amount Probability of approval / speed to close Flexibility of use of loan proceeds Complexity of application (and time and effort it involves) / and the level of disclosure it requires of the borrowers personal…

    Blogtrepreneur- 8 readers -
  • Mortgage Rates Move Higher After Fed Raises Short-Term Interest Rates

    … RGR Marketing HIgh Quality B2B Leads Online Record-Low Mortgage Rates Now on the Rise We’ve had a good run with these historically low mortgage rates, haven’t we? They’ve spurred post-bubble growth in the housing market, encouraged many homeowners to refinance, and made the dream of homeownership more affordable for rank-and-file buyers…

    Matty Byloos/ RGR Marketing- 9 readers -