FLOATING RATE Rate of interest chargeable on a loan that is variable according to a specified index or the national prime rate. The loan rate is said to "float" on top of the specified index by a set amount: i.e. the loan may be set at Prime Rate plus 2%, meaning if the Prime Rate is 6%, the loan interest rate will be 8%.
Real Glossary.com Term Of The Day was designed specifically to expand and enhance your career and personal vocabulary, using selected real estate terms from the Real Glossary interchanged selectively with terms from other Mega Glossaries for their usefulness in business, public speaking and day-to-day conversation .You may also search any term from the Real Glossary and Mega Glossary database menus provided below.
Subscribe & Receive Real Glossary In You Email Weekly
Please select a letter from the following list to consult terms:
from the MegaFactor newsletter selections and receive your FREE newsletter every 2 weeks by Email.
Choose from the Mega Column selections and receive your FREE Mega Column every 2 weeks by Email.
RealVenue / HomeDaata
Real Estate Community
/ Seller MultiMedia Presentation
and Sellers we have put together this multi-media presentation for you to watch
and interact with. It gives you some great tips whether or not your are buying
or selling a home. Click
Here To View
Ways To Mega Manage Your Finances. Check out our Mega Interactive Course on how
to manage your money effectively.