market rate


The prevailing interest rate available at any given time.

Use market rate in a sentence

The price (or interest rate) which clears the market (meets most sellers and buyers) at a given point in time is the market rate.

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The market rate he observed in his non-fixed-rate CDs gave him hope that his meager investments might eventually tick up in value.

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Your loan is currently approved and we are ready to proceed, but please note that interest will continue to accrue at the market rate throughout the lifetime of your loan.

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share appreciation mortgage below market