Sentences with phrase «means better interest rates»

A high credit score means better interest rates on loans, lower insurance costs and even better job opportunities.

A home equity loan is a secured loan, which means better interest rates, but you are in danger of losing your home if you miss payments.

It's a trade - off: more risk for you, less risk for the lender, which means a better interest rate.

A better credit score also means a better interest rate since the bank is taking on less risk by lending to you.

A better score means a better interest rate which in return can save you thousands especially when you think about a 30 year mortgage!

Also, if your cosigner has stellar credit, this may mean a better interest rate for you.

Higher scores can also mean better interest rates and loan terms, and that can save you a lot of money in the long run.

Not exact matches

Improving your credit score can mean qualifying for lower interest rates and better terms.

Canadians were better savers in the 1980s in large part because it paid off: double - digit interest rates meant double - digit rates of return on GICs and savings accounts.

The interest rate will vary depending on your credit — better credit means a lower interest rate.

Saving accounts are meant to secure your future and therefore it is very important that you understand well what type of saving interest rate is your best option.

While refinancing could mean a lower interest rate, better repayment terms, and faster debt payoff, it's definitely not the best option for 100 percent of borrowers.

As long as your debt - to - income ratio is low, however, and you have a larger equity position — meaning you can afford a larger down payment — you stand a good chance of getting approved for a loan with a decent interest rate.

A higher credit score can also mean you get better interest rates.

It may seem counterintuitive that better outcomes for working people would make the stock market go down, though the positive data means that the interest rate increases will likely continue unabated, a possibility means an end to the relatively free money.

The relative value of a country's currency is directly tied in to forecast interest rates in one country versus another, which means that we could continue to experience volatility in the foreign - exchange market (where currencies trade in relation to one another) over the summer as well.

Moody's Investors Service has lowered its bond rating for Michigan State University, meaning the university will no longer get the best interest...

Our reviews of the biggest mortgage lenders will help you find what you need, whether that means a lower down payment, better interest rate or higher standards of customer service.

But lower interest rates generally mean higher stock and bond prices, as well as increases in the value of real estate, which has been another important source of wealth for many savers, particularly seniors.

Private student loan rates start at around 3.00 %, which means well - qualified parents might find a better deal with private student loans than the 7.00 % interest rate and 4.276 % loan fee offered by Parent PLUS Loans.

In my view, the most likely accompaniment to economic weakness would not be a decline in nominal rates, but somewhat accelerated inflation (meaning that real interest rates might very well fall to negative levels), and possibly substantial weakness in the U.S. dollar.

That's a good thing, since having a higher interest rate means that you'll be sending your lender more money every month.

Particularly good to see someone explain that the impact on bond funds is not the simplistic «1 % rise in bank rates means loss of duration %» but depends on the interest demanded at that point in the curve and normal supply / demand issues which are massively distorted for linkers.

He said that the central bank would stick to its guidance on the sequencing of the next steps, meaning that the first interest rate increases will only start well after the end of the bond purchases.

Rising interest rates should translate to better interest margin, which could mean billions in additional profits.

High stock market valuations and slowly rising interest rates could mean lower long - term returns as well as higher market volatility.

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.

Start as you would wish to go on, maintain your new card in good order, and you'll build yourself an excellent credit history that will mean that after six months or a year you should be able to open a credit card with a much lower interest rate and fewer fees.

A loan grade of A1, for example, has the lowest risks and the best interest rates, whereas a G5 loan means you have a lower credit score and bring more risk to the table.

This means they are able to offer lower interest rates to borrowers and better returns for investors.

All in all, the combination of these services and a strong interest rate mean that CIT Premier High Yield Savings remains our choice for best high - yield savings option for another year.

This means that with a much higher balance, you can earn at a better interest rate.

For investors still seeking a value catalyst beyond interest rates and mean reversion, we believe there is an additional development which bodes well for value going forward.

Assuming a similar rate, mortgages with longer terms offer lower monthly payments than shorter ones, but the increased number of payments means that you'll pay more in total interest as well.

This year, Mr Mahama said, «we are going to bring it down to 5.3 %, then it means that inflation will gradually come down; we are looking to bring inflation back down to a single digit, then once inflation is coming down, then interest rates will gradually follow, and, so, the prospects look very good and I am very bullish about the Ghanaian economy.»

The university has a better credit rating than the state, which means it can borrow money at a lower interest rate.

As an added bonus, establishing business credit early on could mean that you receive better interest rates on loans when it's time to apply, since you've had time to build a solid business credit history.

Having a good credit history makes it possible for service providers to gauge how much of a risk you are, a good rating means more financial options and opportunities — this makes it possible to apply for a bigger bond with home loan providers at low interest rates, plus you can also get various other loans from other institutions at affordable rates.

Many other articles addressing this topic answer the question in terms of what a specific generic risk score means to the borrower: a low score means higher interest rates, and a higher one means better terms, etc..

However, doing so means you'll be paying a slightly higher interest rate, so you'll want to crunch the numbers here as well to see what makes sense.

While on the whole, interest rates are currently favorable for consumers, it doesn't mean there isn't room to comparatively shop for the best available offers.

Whether that means a high interest rate, strong bonus, or a way to save for your child's future, we've looked at a range of the best savings account options in each category.

A very good credit score will mean that the borrower may be able to go to a regular bank such as RBC or BMO, this would also have the lowest rate of interest.

Well - meaning friends and family members will tell them interest rates are low and post-college salaries high, so monthly payments are no big deal.

On the other hand, if you have excellent credit, meaning that your score starts somewhere at 750 or north of it, you can expect the best credit card perks, the best interest rates, the best everything.

Assuming a similar rate, mortgages with longer terms offer lower monthly payments than shorter ones, but the increased number of payments means that you'll pay more in total interest as well.

But let's look at a municipal bond for instance, because the higher the interest rate that you get from the bond, that doesn't necessarily mean the bond is better.

If you have good genes and a healthy lifestyle, your increased long life means you may be negatively impacted by the new normal of low interest rates and the lack of a real pension for life.

I have some daily models for interest - rate sensitive sectors that I haven't trotted out yet, which switch between mean reversion and mean aversion that do better than this, but I don't believe them because they are too good.

Better credit score means a lower interest rate so you either save money each month or commit more money to principal so you can get a nicer ride.