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debt service ratio |
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debt service ratio The ratio of debt payments to disposable income; used in evaluating one's eligibility for a mortgage loan. National averages, calculated quarterly for every year since 1980, are provided at the Web site of the Federal Reserve Board, www.federalreserve.gov/releases/ housedebt/default.htm. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Ironically, the state's debt service ratio never exceeded 2. An often-used summary measure of household debt is the household debt service ratio (formerly known as the household debt service burden), which the Board of Governors of the Federal Reserve System first published in 1980. De Foor and her fellow MTA staffers were unable to answer questions concerning the average interest rate on the mitigation loans, the loans' average debt service ratio, how the loan program is financed, or the number of damage claims that had been paid. |
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