Sentences with phrase «challenged by high interest rates»

But consumer debt is also the very thing that gets so many into trouble when they can't make payments or are challenged by high interest rates.

Not exact matches

Achievement of these goals was considered by the HRC as very challenging, even aggressive, given the expected modest economic growth for 2007 for the financial services industry, the impact and duration of the on - going flat / inverted yield curve (meaning short - term interest rates that are virtually equal to or exceed long - term interest rates, thus lowering profit margins for financial services companies that borrow cash at short - term rates and lend at long - term rates), potentially higher credit losses, fewer available high - quality, high - yielding loans and investment opportunities, and a consumer shift from non-interest to interest - bearing deposits.

Some people may be put off by the challenge of managing accounts at two separate banks, but you probably won't find a higher interest rate than at DollarSavingsDirect.

Speaking at the 21 st National Banking Conference, organized by the Charted Institute of Bankers, in Accra on Tuesday November 28, 2017, Vice President Bawumia explained that Ghana has one of the highest mortgage - to - income ratios in the world and high interest rates because of the largely informal nature of her economy, and the reforms being undertaken by the Nana Akufo - Addo government are meant to address this challenge.

Nothaft put the mortgage rate increases into perspective: «For example, with fixed - rate loan rates up by 0.5 [percentage point] since last summer, and house prices in national indexes up at least 5 percnet, the monthly principal and interest payment is more than 10 percent higher than it was last summer, adding to affordability challenges for first - time buyers.»