Sentences with phrase «get higher interest rate»

If your down payment is less than 20 percent, you'll typically get a higher interest rate and have to pay for mortgage insurance.

The tradeoff here is you get a higher interest rate for the life of your loan.

Senior citizens get a higher interest rate when compared to the other cadre of citizens.

A board may have an obligation to pay an executive a certain amount of money if certain events occur, and a lender may have an obligation to charge a certain amount of loan interest for a fixed period of time, even if it can get a higher interest rate later on other loans.

Money market accounts are a bit like a savings account and a checking account combined: a you get a higher interest rate than a standard savings account plus check - writing ability.

Someone may want to buy your bond so they can get a higher interest rate than currently available among new bonds.

If you have a credit score over 640, you will be able to get a higher interest rate.

If we reverse the calculation with that rate, it turns out we actually get higher interest rate; 0.9804 % * 12 = 11.76 %, higher than initial 11.5 %.

The situation is that you will get higher interest rate but monthly payments would decrease.

But if you roll the closing costs into the loan, you're now financing $ 98,000 and you might get a higher interest rate of 4.5 %.

In most cases, a credit score of 620 is the minimum required to take out a home loan — and it will likely get you a higher interest rate.

Even if we get a higher interest rate.

That is why the consumer may get higher interest rate as a compensation for the high level of risk.

But the simple fact that you're using an FHA loan generally means you'll get a higher interest rate.

I know if by debt to income ratio is high I may get a higher interest rate on the home equity loan or the bank may not give me the loan at all.

As the result you get a higher interest rate when you: take a loan, open a new credit card account, lease a car, etc. 29 % of the credit reports in this study contained even more serious errors that could result in the denial of credit.

A low credit score can signify that you're less reliable as a borrower, so you might get a higher interest rate to make up for the risk.

If you have fair or poor credit (generally scores between 550 and 699), you may get a higher interest rate if you are approved for the card.

With these types of loans, you'll typically get higher interest rates than other lenders.

In return, you get a high interest rate return of 8 % to up to 15 %, depending on how risky the loan is.

Usually, if you want to get that high interest rate, you will have to:

Typically, one of those «no - cost» offers means you're getting a higher interest rate than you could probably obtain elsewhere.

You get the highest interest rate possible on your loan.

A bad credit score makes life more expensive because it means you'll get higher interest rates on loans and credit, and may have to have a larger down payment for purchases than you would otherwise be required to have.

As a rule of thumb, applicants with better credit receive lower APRs on their personal loans, and loans with shorter payment periods generally get higher interest rates.

- Is it important to get the highest interest rate?

With these types of loans, you'll typically get higher interest rates than other lenders.

While it is generally true that tying your money up longer gets you a higher interest rate, that's not always the case.

It can be advantageous to purchase them if you can only get a high interest rate and you plan on paying off your mortgage over a long period of time.

In other words, the chances that you get better deals on home refinancing are quite low; you get higher interest rates, or worse, your application gets denied.

Get a high interest rate — 2.25 % APY * — with our Redneck Rewards ® checkin» account.

Signs of bad credit include getting higher interest rates than published rates, a history of late payments, or having trouble getting approved for a cell phone contract.

With their Interest Checking account, you can get an APY of anywhere from 0.10 % — 0,60 %, which is much higher than a traditional bank (to get the highest interest rates, you have to have a balance of at least $ 15,000).

So don't question your broker's competence or commitment right away if you got a higher interest rate than someone you know.

They will likely go with the lower score, because it gets them a higher interest rate.

The minute you get the highest interest rate card paid off, you can move onto the second and then the third and so forth.

The bonds at the bottom of the pile got the highest interest rate, but if homeowners defaulted, they would absorb the first losses.

Thus, the worse the credit background, the bigger chance of getting a higher interest rate.

As of today consumers can still get high interest rates starting from 10 % and can be charged significant amount of fees when using personal loans according to the information obtained from Bankrate.com.

To get the highest interest rates, consider opening your CD at a nontraditional bank, which will often give you a great deal.

A word of caution: Don't be tricked into getting a high interest rate debt consolidation loan at a finance company just because the monthly payment seems lower.

At the end of the day, the Summit Checking account is a good bank account for people looking to get a high interest rate but don't want to deal with the limitations of a savings account.

Because of FHA's leniency, some borrowers with past credit problems elect to use FHA for loans when they have a substantial down payment rather than getting a higher interest rate conventional loan.

Not exact matches

Stocks also got a boost as interest rates slipped from multiyear highs.

Typically, higher interest rates make existing bonds less attractive to buyers, since they can get new notes at loftier yields.

In his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary policy, often arguing against interest rate hikes in the face of high underemployment and weak wage growth.

Some said in order to get the EMC deal done, Dell might have to pay an interest rate as high as 7 %.

But if your cosigner has a low or middling credit score, you may get stuck with a higher interest rate on your loans.

Millions of people in the US have had to get a credit check for a mortgage, so when senators suggest that Wells Fargo employees opening and closing a credit card without a customer's knowledge may affect a credit score and lead to a higher interest rate, it's simple to understand the direct ramification.

«They showed pretty good momentum against most business lines, and I think they're getting some tailwinds from higher interest rates both in the U.S. and Canada.»