Sentences with phrase «simply getting a lower interest rate»

With interest rates declining over the last several years, some homeowners may decide to keep their 30 year loan and simply get a lower interest rate.

Not exact matches

This data shouldn't change the Fed's interest - rate strategy, as a rising labor force participation rate will put a lid on inflation regardless of how it's done, but it should lower our confidence that the Fed can solve the problem of a bifurcated workforce, in which a large chunk of workers are getting left behind, simply through interest rate policy.

This simply means getting a lower interest rate by paying higher fees.

Even if you have excellent credit — which is highly unlikely, as most incoming college freshmen simply haven't had enough time or financial experience to build up creditworthiness — you still might want a co-signer so you can get a lower interest rate.

Variable rates are not evil in and of themselves; home owners simply get themselves in trouble by focusing only on the low interest rate rather than the plan to actually pay back the loan before the bank raises the rate or the market changes cause an increase in the monthly payments of a home owner.

This can be true even if you're getting a lower rate, simply because you're paying interest over a longer period of time.

Refinancing simply to skip a payment is not sufficient enough of a reason to get a new VA mortgage, but lower interest rates and monthly payments are great reasons to refinance.

Consumers may also find a solution to the question, «How do I get out of Debt» by calling a credit card lender and simply asking for a lower interest rate.

The best way to find the lowest interest rate is to simply get quotes from several competing mortgage lenders.

You can also get a lot of the rewards available to standard rewards cards, simply with a lower interest rate.

I've heard a lot of stories of people simply transferring balances over and over again, or transferring once and using the new lower interest rate as an excuse to get into more debt.

And the major downside is simply that consolidating won't get you a lower interest rate, which is often a big point of confusion.

Most people know that you can often get a high credit card interest rate reduced by calling up the credit card company and simply asking for a lower rate while you get back on your feet.

Whether you need to simply lower your interest rate, get cash out, consolidate some debt or renovate the home, we have your needs covered.