Market rate denotes a risk adjusted financial rate of return as compared to market instruments of similar term and risk. For example, an insured deposit in a community development bank or credit union that approximated the average rate of return for similar term deposits in other non-community development depositories could be considered "market rate." Microenterprise Financing to for-profit and nonprofit businesses with five or fewer employees (including proprietor) and with a maximum loan/investment of $25,000. This financing may be for the purpose of start-up, expansion, working capital, equipment purchase/rental, or commercial real estate development or improvement.
Measures the child care rates charged by the provider and paid by the consumers in a specific geographic location. Assists in determining the maximum amount the State or county will pay for child care subsidies.
The prevailing interest rate determined by current market conditions.
An estimate of the average rate being charged by lenders for conventional or FHA/VA loans.
The average rate charged by lenders for conventional, fixed-rate loans.
The rate of interest a company must pay to borrow funds currently. Program-related investments generally are offered at below market rates or at no interest rate.