Sentences with phrase «come at a higher rate of interest»

When you are in debt, and especially when it comes at a high rate of interest — say, anything greater than 5 % — then compound interest is your enemy.

Not exact matches

«For 30 years, interest rates have been coming down, lower highs and lower lows but we're at a point now in terms of a long - term trend line where 2.6 percent represents the point where an interest rate reversal should take place.

«We looked at income, supply, demographics, interest rates and took all of these things into account, and we still come up short in trying to explain why people have been so willing to pay higher and higher home prices relative to their income.»

Jumbo loans are nonconforming loans that come with higher interest rates to offset the increased risk on the part of lenders who issue them as more money is at stake.

It will come as both relief and encouragement to the millions of people either directly affected by payday lending or simply angry at the way these businesses have been able to prey on the vulnerable through staggeringly high interest rates and penalty charges.

This term allows you to convert into a fixed rate mortgage at a later date without penalty; however it also comes with a higher interest rate than is available on most of RMG's fixed and variable rate terms.

Several other interest checking accounts offer rates that are higher than this account's 1.60 % APY, but almost all of them require far more monthly account activity for those rates — and none of them come with the wide range of online services we found at MemoryBank.

Second mortgages come at high - interest rates than the first loan but this is still lower than other types of debt.

Payday loans are unsecured personal loans that typically come at very high rates of interest, and very short repayment periods.

This term allows you to convert into a fixed rate mortgage at a later date without penalty; however it also comes with a higher interest rate than is available on most of MCAP's fixed and variable rate terms.

This high risk comes at a cost, usually in the form of a higher interest rate and a higher monthly payment.

okay here's my two cents worth folks im up for renewal and have just nagotiated a rate 5 yr variable1.75 persent or if i want a five yr fixed at 4.49 still quite a gap between fixed and variable here i believe i have a little lee way here apparently i was only interesed in variable and five yr fixed but i made it absulutly apparent to them that when lock in from a variable i get the whosale discounted rate at that time and written into the contract i kinda believe this the way the market is heading as we head out of ressesion and the bank of canada is going to make there move i believe coming up in june and just to make this firm i do not believe the boc will raise rates in fast mode far from it will be slow process i don't care what the ecconmists are thinking we have to remember manufactering sector is reallt taking a hit on the high dollar and don't forget our niegbours to the south how dependent our canada is with them i believe it will be a slow process a lot of people heve put themselves in a debt load over these enormously low interest rates but i may be wrong i think a variable is the way to go if you want to work on that princibal at least should i say the say the short to medium term and betting that the bond markets stay put for the short to medium term - i have given enough interest to the banks maybe i can pay a little less at least fot the short to mediun term here i have not completly decided yet put i think im going variable although i wish my mtge was up a year ago that would have been just great congradulations to all that did.

On the other hand, you can pay discounted fees, reduced fees, or even no fees at all — but understand that this comes at the expense of a higher interest rate.

Unsecured debt to put into the stock market will come at a price that is probably as high, or at a higher interest rate than your expected long - term rate of return on your investment.

Ralph DiBugnara, vice president of retail sales at Residential Home Funding in White Plains, New York, said that a cash - out refinance is a good way for homeowners to get rid of credit - card debt that comes with high interest rates, even if these same owners won't be able to deduct the interest they pay on their refinance because they're not using the money for home improvements.

Bonds are one of the least tax - friendly asset classes: most of their return comes from interest payments, which are taxed at the highest rate.

If you can refinance at a substantially lower interest rate, you'll eliminate the high interest costs of the debts you pay off, and you could even come out with a lower payment than you have right now since rates are so low.

While CDs do offer some of the highest rates for any financial product you're likely to come across at a bank or credit union, they still don't really earn great interest.

So when it's «safe to buy again,» a flood of new money comes in (to get the higher yields), which enables the fund to buy even more new bonds at the currently higher interest rates.

So if you can combine the confidence boost of making tangible progress with the new additional financial amunition, you actually are not coming out behind because you now can pay off the higher interest at a rate faster than you could if you had not paid off the smaller balance first.

And we're seeing portfolios that have bonds that are trading at premiums, that have higher coupons, that have 20 -, 25 -, 30 - year maturities, but the duration calculation is based on the current interest rate and those bonds coming due in the next two years or three years because of call provisions, etc..

In the interest of coming in at a lower overall fee, the partner could overweight the matter with partner time, in the belief that even at their higher billing rates the partners will be sufficiently more efficient that they will do the work more cheaply than the associates.

After a volatile week in global markets in which the US dollar strengthened, interest rates moved smartly higher, and gold came under extreme selling pressure, bitcoin was one of the beacons of strength, holding its value at the 700 BTC / USD level.

«Everyone will be a winner» was the phrase of the day, as it is now... except for the losers / future losers who found / will find their properties under water during the dry season / coming dry season respectively, when they had to / have to sell or refinance at higher interest rates.

«Rising rents in some of these seeming smaller towns might come as a surprise for many, but given recent rising interest rates and an ever - tightening housing supply, the barrier to homeownership is pretty high at the moment», according to Doug Ressler, senior analyst at real estate site Yardi Matrix.

You could also take out a smaller loan to cover the amount of the 20 percent down, although this usually comes at a higher interest rate.