24 CFR 241.560 - Agreed interest rate.

§ 241.560 Agreed interest rate.
(a) The mortgage shall bear interest at the rate agreed upon by the lender and the borrower.
(b) Interest shall be payable in monthly installments on the principal amount of the loan outstanding on the due date of each installment.
[45 FR 57983, Aug. 29, 1980, as amended at 49 FR 19459, May 8, 1984]

Title 24 published on 2014-04-01

no entries appear in the Federal Register after this date.

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