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Current Production Rate

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Current production rate

current production rate
The maximum interest rate payable on current Ginnie Mae pass throughs. The current production rate is usually 1/2 of 1% under the rate of interest charged on mortgages backing the pass throughs, with the difference covering service charges to the firm processing the mortgages.

Current Production Rate
The highest interest rate payable on mortgage-backed securities guaranteed by the Government National Mortgage Association (Ginnie Mae). The current production rate is usually half a point less than what the homeowners are paying in interest on their mortgage. For example, if homeowners whose mortgages back the securities are paying 6% on their mortgages, the maximum interest payable is almost always 5.5%. See also: Ginnie Mae Pass-Through.


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The current production rate results in 200,000 tons of aluminum ingot from melting 11 billion cans--or roughly 18 percent of all UBCs recycled in America.
The current production rate of the 1,100 foot lateral is approximately twice that of the adjacent vertical wells.
Due to the limited production history, there can be no assurance that this well will continue to produce oil at its current production rate.
 
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