Sentences with phrase «attractive than the fixed rate»

Once again, that would make the variable rate loan less attractive than the fixed rate loan.

Not exact matches

You'll face only one fixed monthly payment, and since home equity loans generally carry lower interest rates than revolving credit card debt, that payment is likely to be much more attractive.

The installment schedule and fixed interest rate on these loans can make them a more attractive form of credit than traditional credit card debt, which can grow indefinitely if left unpaid.

An adjustable - rate mortgage, or ARM, is attractive because interest rates are initially lower than interest rates on a fixed - rate mortgage.

If you have less than excellent credit, your variable rate loan will initially be higher than our scenarios, which could make the fixed rate loan more attractive.

ARMs are often attractive to homebuyers because they usually begin with lower interest rates and payments than fixed rate mortgages.

Borrowers who choose variable interest rates can often get their loan at a more attractive initial rate than they could get with a fixed interest rate loan.

The flattening of the bond yield curve in recent years meant you might pay only 1 % or 1.5 % more to lock in a long - term rate, and that made the stability of fixed rates much more attractive than it was five years earlier.

But the attractive rates advertised to Americans — such as a 10 - year fixed at 2.8 %, lower than Canada's prime lending rate — are not usually open to Canadians.

Despite of the fact that the interest rates this issue is carrying are still higher than almost all of the bank fixed deposits, these rates are not attractive enough for me to put my money in these NCDs.

This faster repayment of principal and the reduced term make GEMs more attractive to investors and lenders than other fixed - rate investments.

ARMs typically begin with more attractive rates than fixed rate mortgages — compensating the borrower for the risk of future interest rate fluctuations.