Life insurance company farm-mortgage loans. A statistical study of loans outstanding, September 30, 1966
Penson, J.B.; Jr.; Warren, F.G.
Publ. Econ. Res. Serv., US Dep. Agric., Washington, D.C, ERS-439, viii + 50
Characteristics of life insurance company farm-mortgage loans changed during the 10-year period studied 1957 to 1966. The average term has increased from 19.3 years for loans made in 1957 and outstanding in September 1966 to 21.1 years for loans made in 1966. The average interest rate increased from 5.2 per cent. to 5.9 per cent.