Investment property interest rates Meaning and Definition

Pronunciation

/ɪn.vɪs.t.mənt pɹɒp.ə(r)ti int.r.s.t.r.ɪt.rz/ 🔊

Part of Speech

Noun

Definition

Fees charged by lenders for the privilege of borrowing money to purchase or refinance a property, typically expressed as a percentage of the loan amount.

Examples

• The mortgage broker explained the different investment property interest rates offered by various lenders.
• The investor chose a loan with a lower interest rate to minimize her costs.

Synonyms

• Interest
• Rate
• Fee

Antonyms

• Benefit
• Discount
• Discount rate

Etymology

The term “interest rate” originates from the concept of money lending and borrowing, where lenders charge borrowers for the use of their money.

Usage Notes

When discussing investment property interest rates, it’s important to consider the loan term, interest rate, and fees to determine the total cost of borrowing.

Cultural References

Investment property interest rates have been featured in various TV shows and movies, such as “The Wolf of Wall Street” and “Wall Street.”

Idiomatic Expressions or Phrases

Common idioms or phrases that include the term “interest rate” include “low interest rate environment,” “high interest rate,” and “prime interest rate.”

Related Words or Phrases

• Interest
• Rate
• Borrowing
• Lender
• Borrower

Collocations

• Fixed interest rate
• Variable interest rate
• Interest rate hike

Frequency of Use

Investment property interest rates are commonly used in financial contexts, particularly in discussions of real estate, lending, and economics.

Common Misspellings

• Intrest Rates
• Intrst Rates
• Interst Rates