Sentences with phrase «following the variable rate»

Not exact matches

They require fixed - rate interest in the first few years of the loan followed by variable rate interest after that.

Borrowers who are trying to decide between variable or fixed rates can use the following example to understand the impact of this decision more clearly.

Most credit cards have variable interest rates, so when the Fed raises rates, your credit card issuer quickly follows suit.

Starting with the calendar month following when you open your Premiere Money Market account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate for the entire calendar month will be determined on the first of the month based upon the number of qualifying transactions or direct deposit requirement from the previous calendar month.

Starting with the calendar month following when you open your Standard Savings account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate for the entire calendar month will be determined on the first of the month based upon the number of qualifying transactions or direct deposit requirement from the previous calendar month.

When central banks make adjustments that raise or lower the cost of short - term borrowing, other rates will follow, including the interest rate on your variable - rate loan.

This widening in the gap between fixed and variable housing rates is likely to have contributed to the pick - up in the proportion of borrowers choosing to take out fixed - rate housing loans: in November 2004, the latest available data, 11 per cent of new owner - occupier housing loan approvals were at fixed rates, up from 7 per cent three months earlier and the highest share since the beginning of 2004, which followed a period of monetary policy tightening (Graph 45).

It concluded that negative intermeeting stock market returns are a stronger predictor of subsequent target changes in the Fed funds rate than any commonly followed macroeconomic variable.

Save on interest with a low introductory rate † (2.99 % intro fixed APR for your first eight billing cycles following the opening of your account; variable rate thereafter) and a low balance transfer rate † (2.99 % intro fixed APR for your first eight bill cycles following the opening of your account for balance transfers made within thirty days of account opening; thereafter, a variable rate will apply).

For example, let's say your average response rate is 1 % and you test the following variables — each giving you a slight lift in response:

Following the increase in the cash rate, a number of smaller lenders announced increases in their variable lending rates, though, at the time of writing, most large lenders had not adjusted rates.

They found that when the optimum path to a fly ball is followed, the former angle increases at a variable rate, slowing over time, whereas the latter angle increases at a constant rate.

I currently charge a variable rate for both the initial visit and your first follow - up.

to consider should be the following: 1) the achievement of full employment or reduction in the unemployment rate; 2) increase the income distribution measured by the Gini index; 3) reduction of the levels of crime in society; 4) increase in service levels of education, health, housing and transport to the population; 5) increase of the investment in infrastructure, education, health, housing and sanitation; 6) increase in the HDI - Human Development Index, used by the United Nations, which takes into account GDP per capita, the longevity of people and their education (measured by illiteracy rate and the enrollment rates at various levels of education); and 7) increase of GNH (Gross National Happiness) indicator, which analyzes 73 variables that contribute most to the goal of achieving the well - being and satisfaction with life (See GNH posted in website

A sample of 36 Great Expectation model elementary schools were matched with 556 Oklahoma non-Great Expectations elementary schools based on the following variables: ethnicity, free and reduced lunch eligibility, school size, average number of days students absent, percent of parents attending conferences, percent of teachers with advanced degrees, percent passing third grade reading test, district population size, unemployment rate, average household income, teachers per administrator, percent of student's in special education, instructional support budget, and district percent passing Algebra I. Five years of pass rates on third grade reading and third grade math state exams were examined.

The procedures yielded the following dependent variables for oral reading: rate of oral reading, percent accuracy, percent acceptability, and percent of self - corrections.

* This Chevrolet Traverse Features the Following Options * STYLE AND TECHNOLOGY PACKAGE includes (UI6) Chevrolet MyLink radio, (KA1) heated driver and front passenger seats, (UG1) Universal Home Remote, (QQD) P255 / 55R20 H - rated blackwall tires, (PEJ) 4 - 20 x 7.5 (50.8 cm x 19.1 cm) machine painted spoke aluminum wheels and (NV7) variable effort power steering., LICENSE PLATE BRACKET, FRONT MOUNTING PACKAGE, TRANSMISSION, 6 - SPEED AUTOMATIC (STD), TIRES, P255 / 55R20 H - RATED, BLACKWALL, STEERING, POWER, VARIABLE EFFORT, SEATS, HEATED DRIVER AND FRONT PASSENGER, SEATING, 7 - PASSENGER (2 -2-3 SEATING CONFIGURATION) with 2nd row flat - folding Captains Chair and third row 60/40 split flat folding bench seat, RECLINING FRONT BUCKETS (STD), LT PREFERRED EQUIPMENT GROUP Includes Standard Equipment, ENGINE, 3.6 L SIDI V6 (281 hp [210 kW] @ 6300 rpm, 266 lb - ft of torque @ 3400 rpm [359.1 N - m]-RRB-(rated blackwall tires, (PEJ) 4 - 20 x 7.5 (50.8 cm x 19.1 cm) machine painted spoke aluminum wheels and (NV7) variable effort power steering., LICENSE PLATE BRACKET, FRONT MOUNTING PACKAGE, TRANSMISSION, 6 - SPEED AUTOMATIC (STD), TIRES, P255 / 55R20 H - RATED, BLACKWALL, STEERING, POWER, VARIABLE EFFORT, SEATS, HEATED DRIVER AND FRONT PASSENGER, SEATING, 7 - PASSENGER (2 -2-3 SEATING CONFIGURATION) with 2nd row flat - folding Captains Chair and third row 60/40 split flat folding bench seat, RECLINING FRONT BUCKETS (STD), LT PREFERRED EQUIPMENT GROUP Includes Standard Equipment, ENGINE, 3.6 L SIDI V6 (281 hp [210 kW] @ 6300 rpm, 266 lb - ft of torque @ 3400 rpm [359.1 N - m]-RRvariable effort power steering., LICENSE PLATE BRACKET, FRONT MOUNTING PACKAGE, TRANSMISSION, 6 - SPEED AUTOMATIC (STD), TIRES, P255 / 55R20 H - RATED, BLACKWALL, STEERING, POWER, VARIABLE EFFORT, SEATS, HEATED DRIVER AND FRONT PASSENGER, SEATING, 7 - PASSENGER (2 -2-3 SEATING CONFIGURATION) with 2nd row flat - folding Captains Chair and third row 60/40 split flat folding bench seat, RECLINING FRONT BUCKETS (STD), LT PREFERRED EQUIPMENT GROUP Includes Standard Equipment, ENGINE, 3.6 L SIDI V6 (281 hp [210 kW] @ 6300 rpm, 266 lb - ft of torque @ 3400 rpm [359.1 N - m]-RRB-(RATED, BLACKWALL, STEERING, POWER, VARIABLE EFFORT, SEATS, HEATED DRIVER AND FRONT PASSENGER, SEATING, 7 - PASSENGER (2 -2-3 SEATING CONFIGURATION) with 2nd row flat - folding Captains Chair and third row 60/40 split flat folding bench seat, RECLINING FRONT BUCKETS (STD), LT PREFERRED EQUIPMENT GROUP Includes Standard Equipment, ENGINE, 3.6 L SIDI V6 (281 hp [210 kW] @ 6300 rpm, 266 lb - ft of torque @ 3400 rpm [359.1 N - m]-RRVARIABLE EFFORT, SEATS, HEATED DRIVER AND FRONT PASSENGER, SEATING, 7 - PASSENGER (2 -2-3 SEATING CONFIGURATION) with 2nd row flat - folding Captains Chair and third row 60/40 split flat folding bench seat, RECLINING FRONT BUCKETS (STD), LT PREFERRED EQUIPMENT GROUP Includes Standard Equipment, ENGINE, 3.6 L SIDI V6 (281 hp [210 kW] @ 6300 rpm, 266 lb - ft of torque @ 3400 rpm [359.1 N - m]-RRB-(STD).

* This Nissan Maxima Features the Following Options * Trunk Rear Cargo Access, Trip Computer, Transmission: Continuously Variable (CVT), Transmission w / Driver Selectable Mode and Sequential Shift Control, Tires: P245 / 45R18 V - Rated AS BSW, Tire Specific Low Tire Pressure Warning, Systems Monitor, Strut Front Suspension w / Coil Springs, Steel Spare Wheel, Speed Sensitive Variable Intermittent Wipers.

* This Toyota Tacoma Features the Following Options * Trip Computer, Manual Anti-Whiplash Adjustable Front Head Restraints and Manual Adjustable Rear Head Restraints, Dual Stage Driver And Passenger Seat - Mounted Side Airbags, Dual Stage Driver And Passenger Front Airbags, Brake Actuated Limited Slip Differential, Wheels: 16 x 7 TRD Black Alloy - inc: aggressive wheel offset, widens the track +1.0 for front and rear, Variable intermittent wipers, Turn - By - Turn Navigation Directions, TRD - Tuned Off - Road Suspension (TR)- inc: front TRD - tuned FOX 2.5 internal bypass coil - overs w / TRD coil springs, rear TRD - tuned FOX 2.5 internal bypass shocks w / TRD off - road leaf springs, 2.5 diameter aluminum bodies, FOX patented internal bypass technology, position - sensitive damping, internal floating pistons, hardened, oversized shock shafts are protected by redundant dust boots, improved suspension droop travel, bottom out resistance, front unique TRD - tuned springs provide 1 lift, rear TRD - tuned suspension w / progressive - rate leaf springs, TRD Pro Leather Trim.

The annual percentage rate (APR) is variable and based on the Prime Rate plus 4.00 % as published in the Wall Street Journal as of the last business day of the month effective with the first business day of the following morate (APR) is variable and based on the Prime Rate plus 4.00 % as published in the Wall Street Journal as of the last business day of the month effective with the first business day of the following moRate plus 4.00 % as published in the Wall Street Journal as of the last business day of the month effective with the first business day of the following month.

The weighted average savings calculation is based on the following assumptions: (1) The borrower's loan term selected for the refinancing is the same as the term of his / her original loan; (2) A 0.25 % interest rate reduction for enrolling in automatic payments (optional for borrowers); (3) On - time payments of all amounts that are due; and (4) A static interest rate (Note: variable interest rates may move lower or higher throughout the term of the loan).

After the introductory period, APR on outstanding balance is variable and based on the Prime Rate minus.51 % for 1 - 4 family owner occupied / second homes as published in the Wall Street Journal as of the last business day of the month effective with the first day of the following month.

Annual Percentage Rate (APR) for non-new-to-the-bank borrowers is variable and based on the Prime Rate minus.51 % for 1 - 4 family owner occupied / second homes and Prime Rate plus 1.00 % for non-owner occupied 1 - 4 family homes as published in the Wall Street Journal as of the last business day of the month effective with the first day of the following month.

When central banks make adjustments that raise or lower the cost of short - term borrowing, other rates will follow, including the interest rate on your variable - rate loan.

For example, when agreeing a 30 - year home loan, consider the true value of splitting it into a 3 - 27 structure, with the first 3 years at an affordable fixed interest rate, followed by 27 years at a variable rate.

He then watched in horror as variable mortgage rates plummeted to 2.5 % over the following year and a half.

The increase by Royal Bank follows a move by TD Bank (TSX: TD) earlier this month to raise the interest rate it charges customers with variable - rate mortgages.

Most credit cards have variable interest rates, so when the Fed raises rates, your credit card issuer quickly follows suit.

These include the following factors: (a) the length of the loan, that is, the time period in which the loan principal must be completely paid, (b) whether the interest rate is fixed or variable over the loan period, (c) the amount of the loan relative to the market value of the product being financed, that is, the loan - to - value ratio, and (d) whether the loan contract includes upfront costs such as loan processing fees.

Both fixed and variable rates are available and subject to an allowable spread based upon one of the following base rates:

Introductory rate will remain in effect for 6 months following closing of the loan, then changes at the beginning of the seventh month to a variable rate of Prime rate as published in the Wall Street Journal plus a margin ranging from 0 % to 2.5 %, and will never fall below the floor rate of 4.00 % and will never exceed 18.00 %.

-- Your credit card has a variable interest rate — Your credit card has an introductory rate that lasts at least six months — You are delinquent in your payments by at least two months — You came to an agreement with your company but you failed to follow through

Mixed - rate student loans are hybrids, with an initial multi-year (usually five years) fixed - rate period followed by a variable - rate period for the remainder of the loan's lifetime.

The Variable Rate may change on the first day of the calendar month following the day that the Rate Index is determined (a «Change Date»).

3This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8 - year repayment term, has a $ 10,000 loan that is disbursed in one disbursement and a 6.5 % variable Annual Percentage Rate («APR»): 54 monthly payments of $ 25 while in school, followed by 96 monthly payments of $ 154.95 while in the repayment period, for a total amount of payments of $ 16,224.78.

For example, interest on a 20 - year variable - rate student loan with an annual reset period would be recalculated every year and apply for the following 12 months.

IRA Penalties: If you make a withdrawal from your IRA for any reason prior to attaining age 59 1/2, the following penalties apply: From a Variable Rate Account: None.

Save on interest with a low introductory rate † (2.99 % intro fixed APR for your first eight billing cycles following the opening of your account; variable rate thereafter) and a low balance transfer rate † (2.99 % intro fixed APR for your first eight bill cycles following the opening of your account for balance transfers made within thirty days of account opening; thereafter, a variable rate will apply).

0 % for first 12 billing cycles following opening of account, then 11.99 % -21.99 % variable rate based on creditworthiness at account opening.

0 % for first 15 billing cycles following opening of account, then 14.99 %, 17.99 % or 24.99 % variable rate based on creditworthiness.

Canadian Mortgage Trends reported just the other day that BMO has lowered its variable rate to prime and other banks may follow suit.

If you follow the old saying of not putting all your eggs in one basket (what financial planners call «diversifying your risk»), you may want to consider taking out some fixed rate and some variable rate loans over the course of your college career.

Notes Starting July 10, 2006 covered the following topics: It is about time..., Time and the Gordon Model, It is about time... continued, It is about time... more, The Copie Index, It is about time... number six, Compact Variable Terminal Value Rate Calculators, Orders of Magnitude, Using Stock Return Predictions, Eye Opening Calculations with Compact CVTVR L, New Standards for Financial Reporting, A Tip about my Yahoo Briefcase, Rational Pessimism and Tobin's q, Super Variable Terminal Value Rate SVTVR Calculators, What does «3 % + inflation» mean?

This should include the following information: o The interest rate to be charged and whether the rate is fixed, variable or both; o Interest accrues from the time monies are advanced to the borrower and the interest is compounded; o All reverse mortgage fees and costs that must be paid by the borrower; o A description of any refinancing features that have been discussed with the borrower; o Any events that could terminate the reverse mortgage such as death or moving from the residence; o A description of any shared appreciation or equity participation features; and o A toll - free telephone number and the name of a contact person who can answer any questions, comments or complaints that the borrower may have.

The following table compares the figures of both variable and fixed mortgage rates for the leading banks and institutes in Canada.

Open - End Loan — A home equity line of credit that has an introductory (intro) rate for a specific period of time, followed by a variable rate (based the Prime rate) plus a margin.

For example, if an institution offers an account on which it pays a 7 % interest rate, compounded daily, for the first three months (which, for example, contain 91 days), while the variable interest rate that would have been in effect when the account was opened was 5 %, the total interest for a 365 - day year for a $ 1,000 deposit is $ 56.52 (based on 91 days at 7 % followed by 274 days at 5 %).

For example, let's assume an applicant is quoted the following interest rate for a variable rate loan: 1 - month LIBOR + 2.00 %.

The Bank of Canada has cut a key rate twice this year — to 0.75 per cent in January and to 0.50 per cent in July — and commercial lenders followed the central bank's lead by dropping their variable rates.

Assumption # 1 «Get a $ 55,000 home equity loan for only $ 360 a month» The sample payment of $ 360 per month is an interest only payment based upon an draw amount of $ 55,000 with an variable interest rate starting at 7.8750 %; a 120 month draw period with minimum payments of interest only followed by a 180 month repayment period.