Real Estate Dictionary
Discover the essential real estate terms that will elevate your game and give you the confidence to navigate the market like a pro! Dive in and explore the terms that interest you the most.
What is MRR (Minimum Retail Rate)?
The MRR (Minimum Retail Rate) is a floating interest rate charged by commercial banks to premium retail customers, such as a personal loan or home loan, it is often used for personal loans and fixed rate home loans. This is an interest rate that is rising every month. In addition,…