MORTGAGE PAR RATE
Interest rate utilized as the reference point where a mortgage lender won’t pay the rebate or oblige discount points. It also means the lender will pay another lender the standard value, that is 100% of the mortgage’s primary balance, for a mortgage that exists. The lender will pay a premium for mortgages with interest rates higher than the norm rate and discount for loans with interest rates lower than the norm rate.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
