Sentences with phrase «because banks»

This is because banks have reduced the discounts they offer on the prime lending rate.

Because banks are rarely our friends when it comes to signing up for a mortgage I think it's best to take the initiative and DO THE MATH before shopping for a home or signing up for that so - called sweet mortgage rate.

Government initiatives to stem the country's mounting foreclosures are hampered because banks and other lenders in many cases have more financial incentive to let borrowers lose their homes than to work out settlements, some economists have concluded.

Because banks can offer online accounts without the need for retail establishments and tellers, they can offer higher rates than traditional savings accounts.

A bad score can definitely hurt you, but it is not as important to have a score as it is in the US because the banks also determine your creditworthiness based on your monthly income and your spending behavior.

Variable rate loans can often be tempting because the banks generally offer you a lower initial interest rate on them.

That is because banks (like Citibank) use a hard credit bureau inquiry when you apply for a loan.

Because banks use more than one credit bureau, I list credit bureau, bank, pull date:

First, and most obvious, is the fact that you can finance buying real estate because banks and other lenders are willing to collateralize its value.

That's because banks employ huge amount of leverage.

jumbos are at a premium to conforming rates now not because of more risk but because the banks have no investors for those jumbo loans as before, therefore most banks are portfolio'ing the jumbo loans and require / desire a premium as such.

Just because the banks say you can't have an account doesn't mean that you're out of luck.

This is because the banks know you are a higher risk.

This is because banks know they will take a bigger loss repossessing a home with a larger outstanding loan balance.

The two figures differ because banks do not loan out the total amount of their excess reserves, and because the whole amount of bank loans is not converted into checkable deposits since borrowers typically commit some funds to saving and convert some funds to currency.

Often you don't know you've had an overdraft because banks contact you by mail, which can take several days.

Former Ditech executive, Jeff Morris told the FHA home loan blog in a recent interview, «FHA mortgage rates» could not be any lower, but not enough borrowers qualify for today's FHA home loans, because banks and lenders have tightened their guidelines beyond reasonable levels for the average American borrower.»

In some cases, Fundrise has an advantage because banks face such high costs due to burdensome regulations.

This is because banks follow the credit scores of their current customers to determine if their credit card and line of credit limits will remain the same, be increased or in some instances, even decreased.

Because our banks managed to survive the financial collapse of 2008, whereas many U.S. banks did not.

This will reduce the risk of the portfolio by very little because all banks are affected by the same economic conditions, like changes in interest rates.

Because banks are businesses, and businesses owe a duty to their stockholders to make as much money as legally possible, current law reinforces this behavior.

Don't get angry because the banks didn't forget you once BURNED THEM.

Because some banks may change the date that they withdraw funds if the original withdrawal date falls on a holiday or weekend.

Some people who were previously approved for HELOCs have had their lines of credit frozen because banks have tightened up on lending.

After falling behind on your credit card payments, for 6 - months or longer, now you start to gain negotiating leverage because the banks start to feel like they may never get paid and your only other option would be bankruptcy.

But if you borrow just because banks are ready to give you loans, you may lavish the loans on irrelevant things.

In other cases people who have strong credit histories have been denied HELOCs because banks are reluctant to extend credit.

That's because banks from the European Economic Area are allowed to opt for a slightly different protection, called the «passport» scheme, which means if they went bust, you'd have to claim money back from the bank's home country's compensation scheme.

Private student loans are credit - based, meaning student borrowers with high credit scores will pay lower interest rates than those with low scores because banks assess the risk of each borrower.

Over the years, we've had many would be buyers who couldn't buy a high rise simply because banks weren't financing them.

We have become used to them moving in sync because banks were competing for your mortgage business.

The truth is that so many scores (and potential scores) exist for each one of us because banks and other lenders want to use several different lenses to evaluate our ability to manage credit.

VA borrowers benefit with an even more competitive rate because the banks risk is offset.

The reason for this is the existence of the aforementioned collateral, because banks can simply keep possession of collateral if a borrower can't make payments.

That's because those banks are now penalizing the good credit people to protect themselves!!

In fact, zero down home loan financing was all the rage because banks and borrowers could rely on home price appreciation to keep the notion of a home as an investment viable.

5 year fixed rates should be under 3.00 % but they aren't, because the Banks want to maximize profits.

But because the banks want to take advantage of you, that does not mean you have to be a fool and let them.

Because banks make it a bit harder to get a personal loan, the interest rates are usually somewhat less than in house financing.

Nessa Feddis, vice president and senior counsel of the American Bankers Association, says further restricting the flexibility of card issuers will hurt consumers because banks will simply refuse to offer them cards.

That's because some banks perform EWS screening after an account has been opened.

Indeed, the banks are clearly aware of the optics of this imbalance — on Thursday every major financial institution in the land pooled together to announce a $ 500 million fund to extend loans to entrepreneurs, because banks lending to new businesses is now apparently something worthy of special announcement.

The other reason the cars are so cheap is because the banks and lenders just want to recover their money — they're not looking to make a big profit.

Bank of America economists said shocks such as Brexit cause more volatility than used to be the case because banks and other financial institutions are less keen to circulate risky assets.

This is because banks already have established rules and don't need customers to create new ones - if you want to put a stop on a check simply follow the usual channels.

Because banks make money from the interest rates they assess borrowers, their earnings tend to do well when rates go up.

Or, the the banks» Prime Rate may stay artificially higher than inflation in a low - inflation environment, because the banks need a spread between their borrowing and investing rates.

This math works because banks don't apply that 13th payment until the year is complete.

That is because banks must be ready for funds to move in and out of your checking account on a regular basis.