Structural factors such as aging populations, poor productivity growth and
high debt levels mean historically low government bond yields are likely here to stay.
Structural factors such as aging populations, poor productivity growth and
high debt levels mean historically low government bond yields are likely here to stay.
Not exact matches
While the
high level of existing
debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.
The low
level of interest rates
means that even though
debt levels are
higher, the share of household income devoted to paying mortgage interest is lower than it has been for some time.
A larger government does not
mean running deficits or a
higher level of
debt or
debt burden.
When I bought my home a decade ago, my
high credit and low
debt levels meant that I still qualified for the best available interest rate at the time, even though I got an FHA loan with a small down payment.
Despite the difficulties endured during the era of post-Lehman austerity, commercial and private - sector
debt levels are low: Nonperforming loans are below 5 % and the banking system, unlike those of Poland or Hungary, did not have to tackle the fallout from
high levels of foreign currency loans, because low interest rates and a stable Czech koruna
meant these weren't taken up in large quantities.
In addition, the
higher debt - to - income limit
means that people who already have significant
levels of personal
debt will find it easier to qualify for a conventional loan than an FHA loan.
These are people who still do not accept either that the last Government was responsible for the dire economic situation we inherited, or that Labour's spending plans would
mean more borrowing,
higher taxes and a
level of
debt that even our children could never hope to see paid off.
What this
means is that there are intrinsic
levels of risk affecting the yields on
high quality corporate
debt, lessening the positive slope of their spread curves, or with agencies inverting the spread curves.
The advantage is obviously that there is no need to come up with any large sum in the form of a down payment, but this also
means that
debt is
higher, interest is more, and the
level of affordability is less.
It
means that people have invested so heavily in low yielding
debt, that if rates return to «normal»
higher levels, people will take large losses on «principal» to compensate for this fact.
This
means borrowers can have a
higher level of
debt and still get approved for mortgage loan.
That
means if your credit report includes negative items — such as unpaid bills, foreclosures or even
high debt levels — it could potentially prevent you from getting a job.
As I've written before, given the still
high levels of interest charged by credit cards, you're better off paying off credit - card
debt before contributing to a TFSA, even if
means briefly dipping into your TFSA savings of previous years.
A
high FICO score
means your
debt level is manageable and you pay all your accounts right on time.
High levels of government and household
debt, heightened interest rate sensitivity, unfavorable demographic trends, weakened financial systems and complex global and financial inter-linkages
mean that heightened macroeconomic volatility will almost certainly be a fact of life in coming years and decades.
Just because the stock market as a whole is overvalued and
high debt levels will make growth difficult and surprises more likely to be negative than positive, it doesn't
mean that there aren't plenty of stocks that are undervalued and where intrinsic value is, in fact, growing.
This
means borrowers can have a
higher level of
debt and still get approved for mortgage loan.