Sentences with phrase «as variable rate»

There are some policies, known as variable rate insurance, that are more customized to changing circumstances.

They may not raise the interest rate on balances you have already accrued however, unless the card has been assigned as a variable rate interest rate from the beginning.

Shorter term fixed rate mortgages — like two or three years mortgages — are not discussed here as they all require a qualification rate check — in other words they are being treated by the regulators as risky as variable rate loans.

If your Variable rate mortgage is with TD or WSCU your payments have not increased, as their variable rate product offers a static payment.

At a bank, there are maybe 5 or 6 different products and rates, such as variable rate mortgages, open mortgages, closed mortgages, fixed rates, new to Canada programs, No income mortgages and much more.

An agreement to deposit a stated amount in the bank for a fixed length of time during which a fixed rate of interest will be paid (unless disclosed as a variable rate).

The rate may not be as low as a variable rate loan, but it will never change.

The factor is vital as variable rates for mortgage are promoted as Prime — 0.60 percent or likewise.

If you choose a variable rate Discover loan product, you should know that your interest rate may change over time as variable rates are tied to an index.

Not exact matches

¦ Although variable rates usually beat fixed rates, Heath points to 2013, the Cookes» mortgage renewal date, as a time rates could begin to rise.

Especially since the recent behavior of Japan's key financial market variables (stock indices, the yield curve and the yen's exchange rate) could be seen as a sign of support for reflationary policies.

Because most credit cards have a variable rate directly tied to the Fed's benchmark rate, that quarter - point increase will show up as soon as the next billing cycle, McBride said.

But if you have a private loan, those loans may be fixed or have a variable rate tied to the Libor, prime or T - bill rates — which means that as the Fed raises rates, borrowers will likely pay more in interest, although how much more will vary by the benchmark.

«The cumulative effect of interest rate hikes is going to begin mounting,» said Greg McBride, Bankrate.com's chief financial analyst, particularly on variable - rate loans such as credit cards, home equity lines of credit and adjustable - rate mortgages, which could rise within one to two statement cycles.

In addition, both variable and fixed - rate mortgage rates have risen over the past year as a result of moves by the Bank of Canada and fluctuations in the bond markets.

Those who are planning on paying off student loans as quickly as possible within a relatively short amount of time (like 5 - 10 years) may be able to save money with a variable rate loan.

0.0 % intro APR on purchases and balance transfers for 15 months, then a variable rate, currently 12.74 %, 16.74 % or 20.74 %, based on your creditworthiness and other factors as determined at the time of account opening.

If the difference is closer to 3 %, then the variable - rate loan may be a better choice (depending on the borrower's unique circumstances and taking into consideration the factors discussed above such as term length and loan amount).

A variable APR usually changes with the prime rate, as published in the Wall Street Journal.

This is because most private student loan lenders offer extended repayment plans and variable interest rates that seem lower at the onset of a loan refinance, saving borrowers money on their monthly payment as well as on the total cost of borrowing over time.

Variable rates are based upon the above index rates and will fluctuate with the rate as it moves up or down.

Gold tends to have a strong relationship with monetary variables such as inflation and interest rates.

However, borrowers with variable interest rate loans will see their minimum payments increase as their interest rates rise.

To attribute the entire decline in stock yields to interest rates as if it is a «fair value» relationship is to introduce a profound «omitted variables» bias into the whole analysis, which is exactly what the Fed Model does.

What makes SoFi different from other financing companies is its capability of providing you with the variable as well as fixed interest rates.

As most of you know, the 84 - 24 and BIC exemptions apply separately and disparately to fixed rate annuities, fixed indexed annuities and variable annuities.

The only problem with variable rates is that they can go as long as more than the time period of the loan.

But if you're looking to pay your loan off fast, you don't have to worry as much about the ups and downs of a variable rate.

Nevertheless, barring significant trend shifts in key variables, the Fed's going to continue to slowly raise, for reasons that aren't so clear to me but I think amount to: rates have been very low for very long, and as the economy gets back to normal, rates should too.

That rate compares favorably to traditional competitors in remittances — such as Western Union and MoneyGram — whose highly variable rates can fall anywhere between 7 % and 50 %.

Published early each month, PNC's National Economic Outlook provides analysis and forecasts of key U.S. economic variables, such as real GDP, interest rates, inflation, income, employment, industrial production and house prices.

Undergraduate Private Loans: Loans for undergraduate students begin as low as 3.81 % for variable rates and as low as 5.52 % for fixed rate loans.

All variable rates are based on a 1 - month LIBOR assumption of 1.88 as of April 1, 2018.

Fixed vs. Variable Regular APR — Fixed is preferred for most people carrying a balance on a credit card since this means your interest rate won't change, but variable rates can be beneficial too as long as you understand the range on which your interest rate cVariable Regular APR — Fixed is preferred for most people carrying a balance on a credit card since this means your interest rate won't change, but variable rates can be beneficial too as long as you understand the range on which your interest rate cvariable rates can be beneficial too as long as you understand the range on which your interest rate can vary.

The purchase APR rate can be as low as a variable 13.15 %, and the annual fee is $ 25 per card.

When the Prime Rate changes, the resulting changes to variable APRs take effect as of the first day of the billing period.

In that case, the number of bookshops, which is a systems output — generated organically by the size of the city, the rate of literacy, the income of residents, and other relevant factors — would serve as a proxy for literacy, while population or income would serve as proxies for whatever variable one wants to measure.

Lenders on the Credible platform are currently offering fixed - rate private student loans at rates as low as 4 percent, and variable - rate loans starting at 2.20 percent.

The interest rate you are offered will depend on your credit profile, income, and total debt payments as well as your choice of fixed or variable and choice of term.

It's a challenge for Canadians still struggling to cope with the record amounts of consumer debt they amassed after the 2008 financial crisis because lenders use their prime rate as a benchmark for setting some other short - term rates including variable - rate mortgages and lines of credit.

As the chart below demonstrates, the two most commonly used reference rates for variable - rate student loans — LIBOR and the prime rate — can swing dramatically in a relatively short period of time.

don't focus too much on extreme conservatism on each variable in terms of the discount rate and the growth rate and so on; but try to be as realistic as you can on these numbers, with any errors being on the conservative side.

Increases in the big bank prime rates push up the cost of variable - rate mortgages and other loans such as home equity lines of credit that are tied to the benchmark rate.

Unfortunately the best variable home loan rates here in Australia are around 6.5 % pretty rough when the median house price is around $ 350K but not as bad as it was a few years back.

As you can see on the above chart, earnings growth rates have been more variable than dividend payout rates over the last 120 years.

Lenders use LIBOR and the Prime Rate as baselines for variable rate loans, adding a margin on top of the benchmark rate to calculate the rate received by a consuRate as baselines for variable rate loans, adding a margin on top of the benchmark rate to calculate the rate received by a consurate loans, adding a margin on top of the benchmark rate to calculate the rate received by a consurate to calculate the rate received by a consurate received by a consumer.

Most variable rate consumer loans are tied to one of two benchmark rates, the London Interbank Offered Rate, known as LIBOR, or the Prime Rrate consumer loans are tied to one of two benchmark rates, the London Interbank Offered Rate, known as LIBOR, or the Prime RRate, known as LIBOR, or the Prime RateRate.

As with other forms of debt, the margin and interest rate that a borrower receives on a variable rate loan are heavily dependent on credit score, lender and loan product.

As a result of the turmoil the average rate on a standard variable rate mortgage has increased by 40 basis points more than might otherwise have been the case, while the standard business borrowing rate has increased by between 30 and 60 basis points.

The bank added its 2.99 % margin to the three - month LIBOR rate to come up with its variable rates for customers as of January 2018.