Nominal Interest Rate

Definition of "Nominal interest rate"

Interest rate credited on three-month United States Treasury bills.

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Related Real Estate Glossary terms

Estimate

To approximate the worth or valuation of property To give an appraisal value estimate of property. ...

Disqualified Person

Individual prohibited under the employee retirement income security act of 1974 (erisa) from conduct ...

Depth Tables

Table demonstrating the relationship between the depth of a building lot form the street frontage an ...

Certified Residential Specialist (CRS)

Certification granted by the Realtors National Marketing Institute upon successful completion of an ...

Buying Power Index (BPI)

Average of income, retail revenue, and population of a locality as a percentage of the entire United ...

Aesthetic Value

Value added to property because of its intrinsic artistic, beautiful, and favored location. ...

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When Should I Get Travel Insurance? What is a title search? What is a treasury index? What is a buyer's agent? What is a Good Faith Estimate?