Sentences with phrase «in a lower interest rate on»

Generally speaking, a better credit history will result in a lower interest rate on the loan, whereas a credit history with past due payments, previous defaults, and collections will often lead to a higher interest rat, to offset the lender's increased risk in offering credit to a borrower with poor credit.

Refinancing your mortgage may help you lock in a lower interest rate on your outstanding balance — potentially lowering your monthly payments and decreasing the total amount of interest you pay over the life of your loan.

Personal loans are a credit card alternative to try if you've got great credit and you want to lock in a lower interest rate on what you borrow.

Remember, a high credit score may result in a lower interest rate on a mortgage or car loan.

But if you only want to lock in a lower interest rate on your mortgage and don't need the cash, regular refinancing makes more sense.

If you are interested in a lower interest rate on your home loan or if you are curious to see what could potentially save, check your local mortgage refinance rates in your area and see if you could benefit from a mortgage refinance.

Not exact matches

In April, Poloz said the Bank of Canada was, «decidedly neutral» on the question of whether the most likely path for interest rates was higher or lower.

But in recent years, as the Bank of Canada held interest rates to historically low levels and consumer debt skyrocketed, the federal government tightened mortgage restrictions on regulated financial institutions, including HCG.

Those federal rules, which double down on restrictions adopted in 2014 and stern warnings to lenders issued by OSFI earlier this summer, require banks to qualify borrowers at higher interest rates, impose additional limits on mortgages for buyers with small down payments, and compel financial institutions to share the risk by taking out insurance policies on low - ratio mortgages.

In a client note on Thursday titled «Yanking down the yields,» the interest - rates strategist projected that bond yields would be much lower than the markets expected because central banks including the Federal Reserve were reluctant to raise interest rates.

The Australian dollar has followed Wall Street lower after the US Federal Reserve indicated that it is on track to raise its interest rate at its next policy meeting in June.

The time spent in the work force before launching Swift helped Harris refinance his loans to a lower interest rate through SoFi, one of a few new marketplace lenders focusing on student - loan debt.

But low interest rates, at least in Canada, have pushed household debt to such vertiginous levels that officials like Carney know they shouldn't be counting on consumer spending to drive the recovery — ergo, the call for more corporate investment.

Naturally, a lower credit score will make it more difficult to borrow, and result in higher interest rates on any new credit that you do obtain.

There could be mergers and acquisitions in the German banking sector to offset the costs of low interest rates, a member of the ECB told CNBC on Monday.

In contrast, we are acquiring Treasury securities on the open market and only on a temporary basis, with the goal of supporting the economic recovery through lower interest rates.

On the other hand, leaving the interest rate low encourages the kind of borrowing and spending that has produced record - high levels of consumer debt in Canada and pushed housing prices into the stratosphere.

The Swiss bank is also cautious about the positive impact that rising U.S. interest rates might actually have on margins, given that rates are still very low in the euro zone and negative in Switzerland.

It achieves that by raising or lowering its policy interest rate, which influences other interest rates such as what you'll pay on your mortgage or auto loan, and the return you'll get on the balance in your savings account.

Keep in mind: If you are pre-approved for the loan before you head to the dealership, you can concentrate on haggling for the lowest price for the car and highest amount for your trade - in without the added pressure of negotiating the interest rate and other details of your loan.

A self - described «enemy of interest rates», he has repeatedly called on the central bank to lower rates to boost growth, even though inflation in running at double digits.

«There is an immediate expectation that as interest rates go up, investors can find greater return on capital by investing it in lower - risk portfolios.»

Interest rates have begun inching back up in recent weeks, so Cook considers herself lucky to have locked in a low rate even as the closing process dragged on.

The U.K. had been expected to follow close behind the Federal Reserve in raising interest rates for the first time in nearly a decade, but with lower commodity prices and weak wage growth still keeping a lid on inflation, economists now think that the U.K. may not raise rates till 2017 — even though new data out Wednesday showed the employment rate hit a 45 - year high of 74 % in the three months to November.

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.»

«Our «rational exuberance» rests on a combination of above - trend US and global economic growth, low albeit slowly rising interest rates, and profit growth aided by corporate tax reform likely to be adopted by early next year,» Kostin said in a report for clients.

LONDON, Oct 3 - Key Euribor and Libor bank - to - bank rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long slide.

The development follows a period in which record - low interest rates have enabled companies to lever up to embark on mergers - and - acquisitions activity and huge buybacks.

Fed - Up, a nonprofit group that has agitated for low interest rates and more diversity at the Fed, issued a critical press release on the news, which first appeared in Saturday's Journal.

LONDON, Oct 3 (Reuters)- Key Euribor and Libor bank - to - bank rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long slide.

LONDON, Oct 3 - Key Euribor bank - to - bank lending rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long slide.

LONDON, March 19 - Gold touched its lowest in more than two weeks on Monday as markets remained nervous ahead of a U.S. central bank meeting that could raise interest rates and signal three more increases this year.

A separate report from the Mortgage Bankers Association showed mortgage applications last week rose to their highest level in nine weeks as interest rates on 30 - year fixed - rate mortgages hovered at their lowest level in more than a year.

«If there are any negative effects of low rates on net interest income in the future, they should be largely offset by the positive effects of monetary stimulus on the other main components of profitability, such as the quality of loans and therefore on loan - loss provisions,» Draghi added.

It's operating from a position of strength and in 2016 saw operating return on equity of 13.3 %, consistent with its performance over the decade despite historically low interest rates.

Parents hoping to teach their children the power of compound interest on their savings today will have a harder time than parents in the 1970s and 1980s, when interest paid on savings accounts soared above 10 per cent compared with rates today, when even the highest - paying savings accounts sit in the low single digits.

This data shouldn't change the Fed's interest - rate strategy, as a rising labor force participation rate will put a lid on inflation regardless of how it's done, but it should lower our confidence that the Fed can solve the problem of a bifurcated workforce, in which a large chunk of workers are getting left behind, simply through interest rate policy.

«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»

Because they tend to have lower overhead costs, online banks are in a better position to offer more favorable interest rates on savings.

Residential real estate had taken on a healthy pace in late 2012 and early 2013 but has slowed since the Federal Reserve started talking about reducing its monthly bond purchase, which helps keep long - term interest rates low.

A carry trade is typically based on borrowing in a low - interest rate currency and converting the borrowed amount into another currency, with proceeds placed on deposit in the second currency if it offers a higher rate of interest or deploying proceeds into assets — such as stocks, commodities, bonds, or real estate — that are denominated in the second currency.

I can't get my head around how an «expert» is still in business after suggesting passing on a 401 (k) match to pay off a low interest rate student loan or or car loan.

Borrowers who take advantage of this special, limited - time consolidation option would also receive up to a 0.5 percent reduction to their interest rate on some of their loans, which means lower monthly payments and saving hundreds in interest.

One in three borrowers (32 percent) thought they could lower the interest rate on their student loans by taking advantage of a government refinancing program.

Over the last several years, many Americans have been able to save on monthly payments on their mortgages and other loans by refinancing to the low interest rates available in the market.

If rates are rising, borrowers typically seek to lock in lower rates of interest to save on interest rate costs over time.

In many cases, it's to pay a lower interest rate on their home loan.

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

The only production that could be brought back on line fast is shale oil, but without the extremely low interest rates caused by government meddling, shale drilling will be much more expensive in the future.

«There may be greater value creation potential in adding leverage,» given the historically low interest - rate environment, Devine said on the call.