Sentences with phrase «effective interest rate on»

The combination drove FHFA's key measure of the average effective interest rate on new home loans (which amortizes the initial fees and incorporates them into the rate) up by 11 basis points to 4.44 percent — the highest it's been since July of 2011 (the month prior to a substantial 36 basis point drop).

The combination of declines in the contract rate and initial fees took the average effective interest rate on new home loans (which amortizes initial fees over the estimated life of the loan) down 8 basis points to 4.39 percent (after two consecutive months above 4.40).

The result was an average effective interest rate on new home loans (which amortizes initial fees over the estimated life of the loan) that went from 4.27 to 4.25 percent.

A premium bond has a coupon rate higher than the prevailing market interest rate, but with the added premium over the bond's par value, the effective interest rate on a premium bond is actually equal to the lower, prevailing market interest rate.

Student loan interest is deductible, so your effective interest rate on those loans may be less than 5 %.

Remember, too, to be cost - effective the interest rate on the consolidation loan needs to be less than the interest rate you were paying before on the multiple loans, or the payoff time needs to be stretched out to lower monthly payments.

According to the seminar I attended, the effective interest rate on their three - month loan is 6 % to 9 %.

So while your interest rate is 5 percent, your effective interest rate on the $ 9,500 you actually received is 5.43 percent (assuming a 10 - year repayment term).

As of December 31, 2014 and March 31, 2015, the effective interest rate on the revolving line of credit was 4.25 %.

For December 31, 2012 and 2013, the effective interest rates on the revolving line of credit and the senior term loan were 4.5 % and 4.0 % per annum, respectively.

Not exact matches

The second big inadequacy was addressed in Stephen Gordon's piece, when he stated «[w] e used to think that the effective lower bound [on interest rates] was zero, but recent experience in Europe suggests that central banks can actually push interest rates below zero before people stop using banks to hold their money.»

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offering.

Effective forward guidance on interest rates causes market participants to lower their expectations and uncertainty about future path of interest rates and to anticipate that easier financial conditions will persist well in to the future.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offering.

The policy framework of the MAS is focused on managing the Singapore dollar's nominal effective exchange rate (NEER), or the trade - weighted exchange rate, against an undisclosed basket of currencies, rather than interest rates.

Instead of forcing a reluctant public to spend on the premise of substitution effect, a more normal rates regime would likely be effective to induce higher investment by aligning policy with the public's interest to meet future obligations.

In this hypothetical — but not completely farfetched — situation, the effective average interest rate on the US government's debt would only be 2 %.

And by doing that, they would make small incremental adjustments to the effective Fed funds rate or the Fed funds target rate at that point in time and actually, because it wasn't posted on Bloomberg or wasn't said at that point in time, in the late 70s, early 80s you wouldn't actually know that the Fed was actually targeting or adjusting interest rates until you actually saw those processes or felt them in the marketplace occurring in the short - term markets.

The decline to date in public debt charges of $ 1.4 billion (8.9 %) largely reflects lower average effective interest rates and lower inflation adjustments on Real Return Bonds.

If she had added: «Plus, even though we are currently above the Effective Lower Bound on nominal interest rates (which is probably below 0 %) we are worried that the margin of safety is getting a bit small, and are pleased that fiscal policy is making that margin of safety a bit bigger than it otherwise would be» that would also be an internally consistent thing for the Bank of Canada to say.

During the financial crisis the implementation date was moved forward to October 2008, the Fed's hope at the time having been that a positive interest rate on excess reserves (IOER) would establish a new, above zero «floor» for the effective federal funds rate.

Consequently, the interest rate on reserves, instead of serving as an effective funds rate floor, ended up becoming a ceiling.

Moreover, by keeping short - run interest rates near zero for more than seven years, paying interest on excess reserves (IOER) above the effective fed funds rate, and convincing markets that rates would stay low for a long time (forward guidance), the Fed has increased the reach for yield and appears more interested in priming Wall Street than in letting markets set interest rates and allocate credit.

«The poor performance of industry and the business sector in general, could also be attributed to other challenges they faced, including, but not limited to, lack of access to finance, high interest rates, an unstable exchange rate, high import duties on raw materials and machinery, poor facilitation of import and export trade, particularly at our ports, inadequate and poor quality of raw materials for industrial processing, a poorly developed domestic trade infrastructure, lack of effective collaboration between research institutions and industry, limited access to serviced land for industrial production activities and poor standards of regulation and certification.»

We then apply a spread around the benchmark interest rate («BM») in tiers, where larger cash balances receive increasingly better rates, to determine effective rates on:

The APR is sometimes called the effective interest rate because what it essentially shows is the interest rate on the money that you actually received after you've paid fees and costs.

Education Loan Changes Effective July 1, 2009 A number of changes to student loan interest rates, origination fees, and repayment plans took effect on July 1, 2009.

Of course, there are several types of interest rates: real, nominal, effective, annual and so on.

Transferring outstanding high interest rate debt from one credit card to another can be a effective way to lower you interest rate and pay less on monthly credit card bills.

The interest rate for a Home Equity Line of Credit is based on the current Prime Rate as published in the Wall Street Journal (as low as 4.75 % effective as of March 22, 20rate for a Home Equity Line of Credit is based on the current Prime Rate as published in the Wall Street Journal (as low as 4.75 % effective as of March 22, 20Rate as published in the Wall Street Journal (as low as 4.75 % effective as of March 22, 2018).

** The initial three - month interest rate on an effective rate of 6 % that compounds daily is $ 1,764.

After one year you'd owe $ 60.90 of interest on that $ 1,000 loan — making the effective interest rate 6.09 %.

Note: The effective yield on such floaters will be lower than than for fixed rate preferreds, the difference being the cost of interest rate protection.

An extra $ 10 per month expense to a customer on an account with a balance like mine ($ 6100 dollars outstanding) changes my effective «interest rate» to just above 7 %, which increases as the balance decreases over time.

Some borrowers on these offers also may not be able to repay the full balance in order to opt out (probably most are like that, actually), and so there is no effective opt - out option on this offer like there is required to be, and those cardholders are perhaps being fraudulently induced to accept a higher interest rate.

You can get a sense of how a bond fund will fare when interest rates rise by looking at its effective duration, a figure you can find by plugging the fund's name or ticker symbol into Morningstar.com and then clicking on the Portfolio tab.

For example, let's say that the interest rate on a loan is 6 % and after the tax benefits, the effective rate is 4 %.

Interest rates are also posted on Account detail pages; for these pages, any changes to interest rates are updated in the nightly processing cycle on the effective date of theInterest rates are also posted on Account detail pages; for these pages, any changes to interest rates are updated in the nightly processing cycle on the effective date of theinterest rates are updated in the nightly processing cycle on the effective date of the change.

To avoid consumer confusion regarding the actual interest rate they are receiving on an investment or being charged on a loan, the concept of an effective interest rate is used.

Refinance — This can be a very effective way to consolidate your loans and lower your interest rate on your debt.

Also known as an annual percentage rate, or APR, the effective interest rate tells you the actual interest rate you are receiving or being charged on an annual basis.

Generally, Morningstar classifies a fixed - income fund's interest - rate sensitivity based on the effective duration of the Morningstar Core Bond Index (MCBI), which is currently three years.

The Fixed Rate Reverse Mortgage for April 2012 is down to 4.00 % (this is the Initial Interest Rate and the Effective Rate on the fixed program since there are no indices or margins to consider).

If you find that you have numerous different credit cards that are carrying a balance, it may be more cost effective to place these balances on a single credit card with a low interest rate for balance transfers so that you are only paying one bill each month.

Since the early withdrawal penalty (EWP) is only 60 days of interest, if you do an early withdrawal after 4 months, your effective annualized rate is about 0.87 %, which beats most high - yield online savings accounts (current yield on Ally online savings account is 0.84 %).

Even customers complaining about not earning interest on their bank balance are opting for a PCP and paying circa 10 % effective interest rates.

Our partners have chosen to work with Effective Coverage because they have their residents» best interests in mind and want to offer an affordable renters insurance program on highly rated paper while decreasing losses from tenant negligence.

Most regulatory changes, including changes to student loan interest rates, are effective on July 1, despite the fact that the federal fiscal year doesn't begin until October 1.

Interest on home equity loans may be deducted from your federal income taxes, resulting in a lower effective intereInterest on home equity loans may be deducted from your federal income taxes, resulting in a lower effective interestinterest rate.

Now rank them with the highest interest first and so on, use effective interest rates if it is tax deductible.