Farm Mortgage Investments Of Life Insurance Companies Classic Reprint PDF Download

Excerpt from Farm-Mortgage Loans Held by Life Insurance Companies Sixty-nine percent of the loans outstanding on June 30, 1956, had terms of 16 to 20 years The average term for all loans is 18 7 years. The average term is longest in the Pacific region with 19 6 years and short est in the Northern Plains with 18 0 years. The average interest rate on the amount outstanding June 30, 1956, was 4. 52 percent. More than half of the loans made since 1950 have interest rates of 4. 50 percent. Differences in loan characteristics by companies reflect mainly the poli cies of individual companies and regions in which they Operate. The average amount outstanding 'by company ranged from $3, 200 to $24, 000. The average outstanding balance for all companies was $10, 800 The average term for all companies was $18. 7 years. Individual company averages ranged from to 26. 1 years, The lowest average inter-est rate on amount outstanding Was 4. 33 percent and the highest average was 5. 00 percent. The average for all companies was 4. 50 percent. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.