Sentences with phrase «bank than a rate»

Cash - out mortgages represent more risk to a bank than a rate - and - term refinance mortgage and, as such, carry more strict approval standards.

Not exact matches

Alternative lenders tend to charge much higher interest rates than banks do — sometimes on the order of 50 percent annual percentage rates or more.

While banks aren't likely to charge rates that high for the loans originated through their partnerships, the rates are likely to be higher than what they offer for more traditional commercial loans, some financial experts say.

The content of the Bank of Canada's July Monetary Policy Report and associated rate cut were indications that the economy is much weaker than the Bank of Canada previously forecast.

While the high level of existing debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.

In fact, banks» terms allow them to be slower to raise rates on savings products than they are on loans.

Any sign the central bank will raise interest rates faster than expected is viewed as negative for equities since hikes will theoretically lessen the appeal of stocks.

The result was a bank that enjoys a much higher rating for customer service than its competitors.

In a client note on Thursday titled «Yanking down the yields,» the interest - rates strategist projected that bond yields would be much lower than the markets expected because central banks including the Federal Reserve were reluctant to raise interest rates.

Non-energy exporters were getting a bigger boost from the exchange rate than the Bank of Canada expected in October, putting upward pressure on inflation, he said.

If the Bank of Canada hikes two more times this year, some households could be renewing at a rate 75 basis points higher than what they previously paid, according to Rob McLister, CEO of intelliMortgage Inc. in Toronto.

The Bank of Canada couldn't ignore an annual growth rate of 4.5 percent in the second quarter, which was much faster than expected: «That's kind of what data dependent looks like,» Lane said, repeating Governor Stephen Poloz's mantra that the newest information will guide policy.

Research by the Bank of Canada that Poloz unveiled in his lecture suggests that if Canada's companies have spread out across the globe, rather than simply doing the bulk of their work at home, then the domestic economy will be much less responsive to subtle changes in borrowing costs and the exchange rate.

Bank interest rates are much lower than the «discount» the factor will demand when it buys the right to collect invoices.

Rather than the Fed pursuing a policy resulting in some steady rate of growth in the money supply, I would suggest that the Fed attempt to produce a steady rate of growth in the sum of the credit it creates and the credit created by depository institutions, i.e., commercial banks, savings associations and credit unions.

He said the central bank will be spending time on investigating whether there is a better way to measure trend inflation than the core rate policy makers follow now.

The biggest banks borrow at lower rates than smaller rivals because creditors assume — like Dodge said — that governments always will rescue any institution that is «too big to fail.»

The benchmark 10 - year Treasury note fell from a more than four - year high to below 3 percent after the European Central Bank kept interest rates unchanged and reaffirmed its stimulative monetary policy stance.

The Duetsche Bank predictions came supported with charts and statements that show Canada's housing market is valued 35 % higher than the median house price (when compared to median household income) and 91 % when compared to average rental rates.

Whether it is stricter regulations, negative interest rates, or fragile confidence, banks and other market participants are less than keen these days to hold large piles of risky assets.

Growth stocks are also more hurt than value stocks by rising rates, says Savita Subramanian, head of U.S. equity strategy at Bank of America Merrill Lynch.

«First, because it's a very limited downgrade, only on two out of three banks, and especially since Moody's rates them better than the other two agencies (Standard & Poor's and Fitch), so, in reality, it put them at the same level or even slightly higher than the other agencies.»

«(With an alternative lender), the interest rates are higher, the qualifying rate is higher than if you were going with a traditional bank and they are going to charge one per cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»

Hence the question: Is it reasonable to expect that marginally looser policies would now lead to more than tripling of the growth rate (to 1.5 - 2 percent) over the next two years, while raising the inflation rate from -0.3 percent to 2 percent — as the Bank of Japan is promising?

Sterling dropped more than 1 percent against the U.S. dollar on Thursday after the Bank of England announced the first rate hike since the financial crisis.

Such rates will generally be higher than what home buyers currently pay, not only because banks now offer substantial discounts from posted rates, but also because many buyers (40 % according to a July 2011 TD Bank report) take mortgages with variable rates, which are lower than fixed rates at least 85 % of the time.

The Bank won't sit still for inflation over 2 %, so a rate rise is now more likely than ever.

But rather than politics, Darby, in a Dec. 3 report, wrote it's the country's monetary policy — the Bank of Thailand surprised analysts with an interest rate cut last month to boost growth — that «ought to be setting the alarm bells ringing in investors ears.»

We prefer owning — even though, at $ 366,000, the average Canadian home today costs more than twice as much as its U.S. equivalent; even though a small increase in the lending rates will push scores of over-leveraged homeowners into crisis; even though Bank of Canada governor Mark Carney is practically guaranteeing that those higher rates are coming.

Back in the 1980s when rates were higher than usual, the Fed capped the interest banks could pay on savings accounts.

On the whole, conditions are better than they were when the Bank of Canada left its benchmark interest rate unchanged on March 9.

The new chair signaled the central bank could hike rates more than three times this year in an effort to keep the economy from overheating, sparking anxiety among equity traders.

The central bank offered a gloomier than expected statement about the global economy when it decided to hold off on raising interest rates.

Macron has said he hopes to pool liability for various kinds of debt: a completed banking union would ensure bailout costs for individual financial institutions would be distributed across the continent rather than borne by individual countries, and the so - called Eurobonds would allow national governments to borrow money against a joint continental credit rating.

U.S. interest rates are currently much higher than in Europe and Japan, and with neither the European Central Bank nor the Bank of Japan planning any rate hikes this year, foreign capital seeking higher returns could put a lid on rate rises here.

When the Bank of Canada cut interest rates in 2015 to offset the collapse of oil prices, it was worried about more than a blow to gross domestic product; it was also thinking about what mass firings in the oil patch could mean for the financial system.

While Fink is right to point out that low interest rates are putting a large burden on those of us trying to save retirement, he does not address the fact that central banks aren't primarily responsible for the fact that bonds of all types are yielding less today than we're used to.

In his most recent outlook, Bank of Canada governor Mark Carney hinted that Canada's recovery is improving more quickly than expected, and higher interest rates may be on their way soon.

The fees can vary from less than 1 percent to a few percentage points — and interest at the prime rate to several points over prime on the balance of receivables you sell, making it steeper than most bank loans.

Consumer price index (2000 = 100) Central Bank rates (various sources other than OECD as of mid-July 2007) Purchasing power parities, % change

The loans range from $ 500 up to $ 350,000 or more, with interest rates that are slightly higher than bank rates and terms that are in line with conventional loans.

LONDON, May 2 - British construction activity rebounded faster than expected last month after succumbing to snow in March, but the upturn did little to alter the view of investors that the Bank of England will leave interest rates unchanged next week.

Not only do credit cards have fraud protections in place in the event of theft, but they also offer some of the best currency exchange rates around — much better than you'd get changing bills at a bank or exchange kiosk.

When customers figured out that they could cancel their Shoes4you subscriptions indirectly through their banks, rather than through the company — eliminating the charges, but still getting their shoes at the discounted membership rate — many did.

Then, in 2011, the Federal Reserve set the limit for debit card swipe fees at a much more lenient rate for banks than they first proposed.

More credit unions are offering business loans, and their interest rates and fees are often lower than at commercial banks.

They have relatively low default rates and terms that are often better than traditional banks, according to the NCUA and Federal Deposit Insurance Corp. (FDIC).

«ARM» sounds a lot cooler than «Adjustable Rate Mortgage» - smart marketing department at Chase Bank!

They also use risk - based pricing to issue loans with rates that are equal or slightly higher than banks.

In addition, mortgage lending, which is tied to long - term Treasury rates, is less important for the big banks than it used to be.