Sentences with phrase «get a lower rate initially»

With a variable interest rate, you can get a lower rate initially but the interest can rise along with market changes.

Not exact matches

If you initially get a mortgage with a rate of 5 % and learn you can refinance to a mortgage with a rate of 4 %, you might decide it's worth the cost and trouble of refinancing to nab that lower rate.
That's because there's much less time for rates to increase, which makes it more likely that you will keep the savings you get with the initially lower variable rate.
The borrower gets a lower interest rate initially, but must bear the risk that interest rates rise in future years.
Get the lowest rate without booking fees, free cancellation until 72 hours prior to arrival (some offers excluded), and only a one - night deposit is initially required.
You will either get an extremely low quote, and be surprised by how much it increases after you provide more details, or you will be put - off and discouraged by initially high premium rates.
If you're looking to save money, many smaller, gas - saving economy - models can provide you with the lower auto insurance rates you initially considered getting a small car for.
Many whole life insurance policies initially offer low «teaser rates» to get you to sign up, but then increase the cost of your coverage every 1 to 5 years.
... Offer to work, initially for free or at a lower - than - market - value rate to get the experience you need to succeed in the new industry... and to prove your value in this related, or new, niche (it's really left for interpretation as to whether a new industry, indeed, would be considered a whole new niche).
So, in addition to lowering the amount you owe initially, a down payment also can get you a lower interest rate, making a house more affordable.
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