Sentence examples for contract interest from inspiring English sources

be limited, over the term of the mortgage, to a maximum increase of 5 percentage points above the initial contract interest rate.

Unless a "right of set-off" is explicitly included in the contract, interest payment is a one-way street from the borrower to the government, according to Lucy Newcomb, a partner at Addleshaw Goddard, a law firm.

(4) as (5) and substituted "such number of percentage points as the Secretary shall prescribe for purposes of this section" for "5 percentage points above the initial contract interest rate".

The average contract interest rate for a 30-year mortgage fell to 6.13percentt, a new low, in the week ended Aug. 9. "We are in a pretty big refinancing wave," said Yubo Wang, senior mortgage strategist at Morgan Stanley.

Adjustments in the effective rate of interest shall (1) be made on an annual basis; (2) be limited, with respect to any single interest rate increase, to no more than 1percentt on the outstanding loan balance; and (3) be limited to a maximum increase of 5 percentage points above the initial contract interest rate over the term of the mortgage.

If the Contract Price is not paid upon completion of the Work pursuant to the term and conditions of this Contract, interest shall accrue at a monthly rate of 5 percent.

A judge ruled last week that a bank could not collect its contracted interest on a 10-year-old loan because Islam forbids charging interest.

(According to the government, "the [stress] test is based on qualifying for either the Bank of Canada qualifying rate or the buyers' contracted interest rate plus 2 percentage points". Human English: in order to buy a new house, you need to prove you could pay for it even if interest rates climb).

Some of the individuals and companies giving to the foundation and McAuliffe have enormous federal contracting interests and specific foreign policy agendas that Hillary Clinton would be in a position to advance as president.

Houston missed the playoffs last season but Barnes signed a new contract, despite interest from Europe.

The sheikh is seeking repayment of the £4.7 million and/or damages for breach of contract, plus interest.