Average Mortgage Interest Rate definition
Average Mortgage Interest Rate means the amount indicated on the attached payment plan (Exhibit 1). It is a constant interest rate used to calculate monthly payments to the Borrower throughout the life of the loan.
Examples of Average Mortgage Interest Rate in a sentence
The Expected Average Mortgage Interest Rate shall be used for this purpose.
Adjustable Rate Group Weighted Average Mortgage Interest Rate...............
Net Fixed Rate Group Weighted Average Mortgage Interest Rate....................
Net Adjustable Rate Group Weighted Average Mortgage Interest Rate...............
Net Adjustable Rate Group Weighted Average Mortgage Interest Rate...........
Net Fixed Rate Group Weighted Average Mortgage Interest Rate................
Fixed Rate Group Weighted Average Mortgage Interest Rate....................
Adjustable Rate Group Weighted Average Mortgage Interest Rate...................
Fixed Rate Group Weighted Average Mortgage Interest Rate........................