Construction Loan Interest Rates. Understanding mortgage and construction loan interest rates can be confusing. In order to build a house you will need both a construction loan and a mortgage loan. The term of your construction loan is either one year or when your home is complete.
agency noun (ORGANIZATION). B1 [C] a âbusiness that ârepresents one âgroup of âpeople when âdealing with another âgroup: an âadvertising/âemployment/âestate/âtravel agency C1 [C] a âgovernment âorganization: an âoverseas âaid agency the Central Intelligence Agency.
Word Origin and History for agent. n. late 15c., one who acts, from Latin agentem (nominative agens) effective, powerful, present participle of agere to set in motion, drive, lead, conduct (see act (n.)). Meaning any natural force or substance which produces a phenomenon is from 1550s.