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Glossary of Terms > I > Interest Rate

Interest Rate

The rate charged the borrower each period for the loan of money; quoted on an annual basis; a rate of 6%, for example, means a rate of 1/2% per month.

I Terms

Impact Fee

Indexed ARM

Inflation

Initial Interest Rate

Interest Accrual Period

Interest Rate

Interest-only Mortgage

Internet Mortgage

Inventory

Investment Loan