Sentences with phrase «lower than interest rates»

«If you get your balance down to zero before the interest offer expires, even with a 3 percent fee the costs will likely be much lower than any interest rates you would have been paying otherwise.»

Because interest rates for mortgages are lower than interest rates for nearly any other type of loan, you might save money by borrowing against your home instead of accessing other, more expensive credit products (like an auto loan or a personal loan).

Equity loan rates are lower than the interest rates of student loans.

Lower the Overall Interest Rate: Mortgage interest rates are lower than interest rates for other types of loans.

The first and foremost reason why companies and government prefer issuing bonds over bank loans is that, even though an annual interest is paid to the bond investor, it is almost at all times lower than the interest rates charged by banks on loans, thus saving the government or the company some money.

The interest rates for loans usually are lower than the interest rates for credit cards.

If the interest rate on your loan is lower than the interest rates on your credit cards, then it should save you money in interest payments

Because interest rates on home loans are often a lot lower than the interest rates offered on car loans, private student loans, credit cards, and personal loans, many people choose to pull out the equity from their home and use the cash to pay off their other debts.

An adjustable - rate mortgage, or ARM, is attractive because interest rates are initially lower than interest rates on a fixed - rate mortgage.

Personal loan interest rates are generally lower than interest rates for personal lines of credit because there is less lender uncertainty.

Here's a good rule of thumb: if the current interest rate is at least a half percent lower than the interest rate in your existing mortgage, then refinancing may be a good option for you.

Refinancing your mortgage can be enticing, especially if current mortgage rates are significantly lower than the interest rate you are paying on your mortgage loan.

When current mortgage rates are low, this can be a good option since your interest rate is likely to be lower than the interest rate you are currently paying.

This could be a wise strategy, but only if you are able to qualify for a loan interest rate that is much lower than the interest rate (s) you are already paying on your debts.

The interest on the loan will most likely be lower than the interest rate from the IRS plus the penalty they charge you for.

The new rate may be higher or lower than the interest rate of the initial rate guarantee period.

As opposed to credit cards, Christmas loans can provide you with all the finance you need with a low interest rate that is often half or even lower than the interest rate charged by credit cards.

The interest rate charged for Unsecured Home Improvement Loans is slightly higher than that of secured home improvement loans (which are home equity loans) but considerably lower than the interest rate charged for pay day loans or credit cards.

The interest rate risk on medium - term debt is higher than that of short - term debt instruments but lower than the interest rate risk on long - term bonds.

Some of the benefits of an 80/20 loan: you avoid private mortgage insurance; you have more tax - deductible interest at the end of the year; the blended rate is often lower than the interest rate for a single 100 % loan; some non-conventional lenders only offer 80/20 loans for 100 % financing.

The interest rate charged by financial institutions for one personal loan will be lower than the interest rate on three or four credit cards or lines of credit.

If the interest rate on the currency the trader bought is lower than the interest rate on the currency you sold, then the trader will pay rollover (negative roll).

As a result, the APR may be higher or lower than the interest rate.

The VA home loan interest rate is usually equal to or lower than the interest rate for a conventional mortgage.

As an added benefit, the interest rate on a debt consolidation loan should be lower than the interest rate you are paying on your credit card debt and other high interest debt you are consolidating.

No matter how high the earnings rate on your cash back card, remember that it will likely be much lower than the interest rate you're charged (unless you have an active intro - APR offer).

Thus, putting additional premiums into a universal life policy can help shore up its sustainability — though notably, given that the crediting rate on universal life policies will still be lower than the interest rate on policy loans, extra dollars going into a UL policy should generally be used to pay down the loan first, and only then to add additional premiums to the cash value (if necessary).

Notably, depleting the cash value with a withdrawal may mean the policy will still ultimately need another contribution (i.e., more premiums) to sustain in the long run; nonetheless, if the cash value is in a downward spiral towards lapse anyway, a withdrawal to repay the loan will help extend the life of the policy, given that the crediting rate of the cash value is always lower than the interest rate of the loan compounding against it (which for newer policies might be a 0.5 % to 1 % spread, but on older policies can be a 2 % spread or more).

The rate for an indexed account may be either higher or lower than the interest rate the life insurance carrier credits on the non-indexed accounts (e.g. the fixed account), and is subject to limits.

Not exact matches

Interest rates on 15 - year mortgage terms are typically lower than those on longer - term loans because the shorter duration of the loan makes it less of a risk to the lender.

Ultimately these green bonds will only truly be successful if they allow the province to finance transit projects at a lower interest rate than would otherwise be the case.

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.

A sea change in economic conditions has pushed interest rates considerably lower than they were in the past and are likely to stay there for a while, San Francisco Fed President John Williams said Friday.

Plus, in non-registered accounts, those dividends are taxed at a lower rate than bond interest.

The low - interest - rate environment has allowed it to borrow to fund operations at levels that are about half the 10 percent interest rate the company paid for its financing more than a decade ago, says Clark Balderson, the company's chairman and chief financial officer.

Bank interest rates are much lower than the «discount» the factor will demand when it buys the right to collect invoices.

The odds of another interest - rate cut this year are lower today than they were at the start of the week.

In many cases, acceleration should lower their costs, as nominal interest rates will likely be higher two years from now than they are today, and idle construction crews in Alberta are relatively abundant.

Private equity returns remained strong but were lower than the prior year quarter, while income from our fixed income investment portfolio increased due to a higher average level of fixed maturity investments and higher short - term interest rates.

The notes from the meeting show that a number of Fed officials feel that interest rates could begin to be raised from their current artificially low levels sooner than the current target of sometime in 2015 should certain economic factors continue to improve at a rapid pace.

But that is lower than the average credit card interest rate, which is currently 18.76 percent, according to NerdWallet.

Low interest rates were necessary to juice the economy during the financial crisis, but they are now, by many measures, doing more harm than good.

It's similar to the U.S. government's quantitative easing, but rather than trying to buy government bonds to push interest rates lower — rates are already at zero — the goal is to push the yen down and combat chronic deflation.

«One specific consequence would be that even extraordinarily low policy interest rates could prove to be less stimulative than in normal circumstances,» Poloz said.

While Fink is right to point out that low interest rates are putting a large burden on those of us trying to save retirement, he does not address the fact that central banks aren't primarily responsible for the fact that bonds of all types are yielding less today than we're used to.

For Canadian households debt loads rose faster than incomes, which may be a reaction to lower interest rates.

I knew the basics — federal loans are usually a cheaper and safer option than private ones since they tend to have lower interest rates and better borrower protections.

More credit unions are offering business loans, and their interest rates and fees are often lower than at commercial banks.

«Because interest rates are low, maintenance fees have a much larger impact on balances than rates for the average account holder.»

According to Aitken, borro's rates — 2.99 to 3.99 percent in monthly interest, plus 5 to 7 percent in setup fees — are often lower than the cost associated with selling personal assets by auction.