Sentences with phrase «higher than variable rates»

Because the interest rates do not change, they are seen as more safe and are typically higher than variable rates to start.

Rates for the Fixed - Rate Loan Option are typically higher than variable rates on the HELOC account.

Fixed rates are always slightly higher than variable rates, but with this kind of rate you know you will be paying the same amount of money every month until you have fully repaid the loan.

Fixed rates generally start out higher than variable rates.

Fixed rates are usually slightly higher than variable rates, but will remain constant over the length of the loan, so payments will not vary either.

Fixed rates are typically a tad higher than variable rates — but they are fixed, meaning they won't go up or down over the life of your loan.

The drawback for fixed rate loans is that their interest rates are typically between 1 % and 2 % higher than variable rates to start off with.

For those who plan to finish repayment over a longer period (15 - 20 years), it is less risky to choose a fixed rate loan even though the interest rate will likely be higher than a variable rate loan.

The couple also inquired to see if they could roll their line of credit (LOC) into their mortgage to see if they could save some money doing this, as LOCs are usually 1 % (or more) higher than variable rate mortgage rates.

For that reason, locking in a five - year fixed rate — though a bit higher than the variable rate right now — is the smart move.

Fixed interest rate loans are generally more expensive because their rates are often higher than variable rate loans.

Typically the interest rate for fixed rate reverse mortgages is initially higher than the variable rate because these loans are more risky for the lender.

Fixed rates will never change, but they are usually much higher than the variable rate.

While the interest rate may initially be higher than a variable rate, you never have to worry about it changing.

CommonBond offers competitive rates for their fixed - rate loans but the APR range is slightly higher than their variable rate loans.

A fixed rate is usually higher than a variable rate.

Typically the interest rate for fixed rate reverse mortgages is initially higher than the variable rate because these loans are more risky for the lender.

Not exact matches

Such rates will generally be higher than what home buyers currently pay, not only because banks now offer substantial discounts from posted rates, but also because many buyers (40 % according to a July 2011 TD Bank report) take mortgages with variable rates, which are lower than fixed rates at least 85 % of the time.

Rates are often higher than federal loans and may be variable, he said.

Borrower 2 saved almost $ 5,000 by going with a fixed rate on Loan B ($ 30,000 for 20 years) even though the initial interest rate was higher than what Borrower 1 secured with a variable - rate loan.

The new interest rate can be lower or higher than the weighted average of the old loans and can be fixed (the interest rate won't ever change) or variable (the rate changes based on the market conditions).

While a fixed rate loan may have a higher interest rate than a variable rate, you do not have to worry about fluctuations or changes to your payment amount.

Variable rates currently offer lower interest rate options, resulting in additional interest savings, but keep in mind — variable rate student loans are often higher risk for borrowers than fixed interest rate studenVariable rates currently offer lower interest rate options, resulting in additional interest savings, but keep in mind — variable rate student loans are often higher risk for borrowers than fixed interest rate studenvariable rate student loans are often higher risk for borrowers than fixed interest rate student loans.

The important thing to remember is, all other things being equal, a lower student loan interest rate is better than a higher one — but you need to consider all of the terms of the loan including whether the rate is fixed or variable and what your loan repayment options are to ensure you get the best overall deal.

Much of this growth came from consumers buying FIAs with guaranteed living withdrawal benefits (GLWBs), some with benefit base rollups as high as 8 or 9 percent and withdrawal rates greater than those in variable annuities, the report said.

It doesn't help that 10 - year bond yields are still lower than the prospective operating earnings yield on the S&P 500 (the «Fed Model»), not only because the model is built on an omitted variables bias (see the August 22 2005 comment), but also because the model statistically underperforms a simpler rule that says «get in when stock yields are high and interest rates are falling, and get out when the reverse is true.»

If you have less than two years remaining on your adjustable rate mortgage before it becomes variable, I highly recommend you refinance today or before the fixed rate ends because ARMs are tied to LIBOR rates once they are variable, and LIBOR rates have surged higher.

While the average indicator rate on large business variable - rate loans, at 8.0 per cent, is now higher than the corresponding rate for small businesses, the all - up borrowing cost to large business remains lower than for small businesses since customer risk margins for the former are, on average, finer than those for the latter.

Indicator rates on variable - rate housing and business loans are 50 basis points higher than at end October, having increased in line with the 25 basis point increases in the cash rate in November and December last year (Table 12).

Of the six variables from the second round of the principal survey, only one, District Focus on Data - Based Decision Making, showed a significant main effect (F = 3.45, p =.018); principals in urban districts rated it higher than principals in suburban districts.

These loans can start with a lower initial interest rate than a fixed - rate loan, but the interest rate is variable and can possibly rise after a set period of time, leading to higher monthly payments.

Consider You may pay more for your total Medical School Loan cost because a fixed interest rate is usually higher than a starting variable interest rate.

Consideration You may pay more for your total MBA Loan cost because a fixed interest rate is usually higher than a starting variable interest rate.

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.

Mine is similar, but the variable was actually higher than the 3 year fixed rate so I chose that.

Most often, the interest rates on private loans are higher than those on federal loans, but some loan providers offer variable interest rates, which can adjust and change from year to year.

Fixed interest rates, if available, may be slightly higher initially than variable rates, but fixed rates offer stable monthly payments over the life of the credit line.

But if you are planning on paying back your loan over the course of 5, 10, or 15 years, then your low variable rate today will likely rise — maybe even higher than whatever rate you had before refinancing.

Since lenders bear the interest rate risk of a fixed rate loan (the risk of rates rising), interest rates are generally initially higher on a fixed rate loan than on a variable rate loan.

Keep in mind, these rates are variable so, by the time the go - to APR kicks in, the interest rate may be higher than when you initially signed up.

Variable interest rates are typically lower than fixed interest rates but may turn to be higher over time if market conditions worsen.

Earnings from equity - indexed annuities are usually slightly higher than traditional fixed rate annuities, lower than variable rate annuities but with better downside risk protection than variable annuities usually offer.

Most private student loans have variable interest rates that are higher than the fixed rates offered by federal loans.

After a few years of climbing interest rates variable rate homeowners could be stuck with a much higher bill than they started with.

«Reverse mortgage rates are a heck of lot better than they used to be,» McLister says, adding that CHIP variable rates got as high as six percentage points above prime in 2009.

You pay a higher rate of interest than you would for a conventional mortgage: currently 4.99 % for a variable rate or a six - month term, which is about 1.5 percentage points more than you'd pay for a HELOC, McLister says.

Even if you use a line of credit, the interest rate on your down payment loan can be much higher than a regular mortgage, or have a riskier variable rate.

While a fixed rate loan may have a higher interest rate than a variable rate, you do not have to worry about fluctuations or changes to your payment amount.

My second piece on ATRW looked at variables in your tax situation during retirement that may cause you to pay a higher rate than you anticipate.

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.