Sentences with phrase «per cent interest rates»

Eighteen per cent to 20 per cent interest rates would be a challenge, but I do not believe that industry «issues» should be confused as challenges for agents who read REM, in their day - to - day business.

In the late»70s and early»80s we experienced 18 to 24 per cent interest rates, with «vendor take backs.»

Wage and price controls, Trudeau's National Energy Policy and 21 per cent interest rates followed.

The implication is that a college student will be paying 18 per cent interest rates than what is currently obtainable.

«Especially credit cards with 18 per cent interest rates — those should be the priority at this stage.»

This came the day after the prime minister, interviewed by Andrew Marr on BBC 1, talked of the 15 per cent interest rates «in the last world downturn».

The Smart Savings account, launched in Canada and the U.S. on Thursday, will offer a 1.7 per cent interest rate north of the border.

In most cases, the loan will be given out at 20 per cent interest rate.

The reality is that, only few people will get the loan at 12 per cent interest rate.

A person with interest rate of 12 per cent will only pay $ 222.40 every month to completely liquidate his $ 10,000 loan while the second person paying 20 per cent interest rate will be forced to pay $ 264.95 every month.

If you have a mortgage of # 100,000, just a 1 per cent interest rate rise would mean an extra thousand pounds to pay each year.

In a speech to the party's conference yesterday, chancellor Alistair Darling compared today's 5 per cent interest rate to the «double figures of two decades ago».

In the 2 per cent interest rate world we find ourselves today, the impact of fees, commissions and administrative charges is magnified.

The couple's combined credit card debt, $ 9,500, will have a 20 per cent interest rate beginning in February.

Their line of credit with $ 54,000 owing carries a 3.5 per cent interest rate.

The previous credit agreement from Berkshire carried about a 9 per cent interest rate on outstanding balances and 1 per cent on the undrawn funds.

The Smart Savings account, launched in Canada and the U.S. on Thursday, will offer a 1.7 per cent interest rate north of the border.

With the present payments, $ 575 per week, the outstanding balance of $ 327,386 with a 2.49 per cent interest rate will be eliminated in about 13 years when Ralph is 62 and Ellen is 60.

A person with interest rate of 12 per cent will only pay $ 222.40 every month to completely liquidate his $ 10,000 loan while the second person paying 20 per cent interest rate will be forced to pay $ 264.95 every month.

The reality is that, only few people will get the loan at 12 per cent interest rate.

I really don't understand comments like the one made in this Toronto Star article: «The most a high - income taxpayer in Ontario would save on a $ 5,000 deposit is about $ 92.20 in tax if he or she earned a 4 per cent interest rate».

After generating a 20 per cent down payment for $ 300,000 from the condo sale, mortgage payments would be $ 5,376 per month, assuming a 2.5 per cent interest rate and 25 - year amortization.

Choosing a mortgage with a discounted penalty can sometimes be equivalent to a 0.1 to 0.2 per cent interest rate discount up front — or more.

«The zero per cent interest rate environment is effectively eliminating the dealer matched - book business and crippling dealer intermediation in the repo market,» said Scott Skyrm, senior vice-president at Newedge, a repo broker dealer.

For instance, if you are currently paying eight per cent interest rate on your car loan and you have a new offer for just four per cent interest rate, it makes sense to refinance your car loan.

A mortgage with $ 165,000 outstanding carries a 2.09 per cent interest rate.

John decided he had no choice but to take a mortgage from a private lender that carried a hefty 12 per cent interest rate.

Unlike the typical 19.99 per cent interest rate that most charge cards have, this one is a staggering 30 per cent.

Returning to the mortgage at hand, when it was boiled down to its essence, the arrangement offered by the lender in this imposed a 25 per cent interest rate on arrears, as compared to 7.5 per cent interest on principal money not in arrears.

On January 27, 1987 — I keep a diary — at one of my sales meetings after I announced a 7 1/2 per cent interest rate for a six - month mortgage, an awestruck salesman named Al Pedersen asked, «How low can mortgage rates go?»

The plan is for it to be raised again in 2017 until a 1.4 per cent interest rate is achieved.

You can probably qualify for a five - year fixed rate mortgage today somewhere around 2.5 or 2.6 per cent interest rate as long as your credit is good.

So when we look at an $ 80,000 household income, which was the average Canadian income in 2015, those folks at a 2.5 per cent interest rate would be able to borrow about $ 400,000.

Most of the prospective lenders mortgage their own homes, and they do so at a three - to - four per cent interest rate.

Not exact matches

Yet the Prime Minister's Office appears to think an economy that has been growing at an annual rate of around three per cent for nearly a year is too weak to absorb interest rates that still are near record lows.

Last week it stood by its plan to keep a key short - term interest rate near zero until unemployment drops below 6.5 per cent.

A «currently discussed» option is for first home buyers to receive interest rates at two per cent below the standard variable rate for up to two or three years.

When those prices collapsed anew a few years later, the central bank dropped the benchmark interest rate back to its crisis - era setting of 0.5 per cent %.

On edge over rates and jobs Today's decision by the Reserve Bank on interest rates has become an extremely close call amid fears Australia's unemployment rate may have already reached 5.5 per cent.

«(With an alternative lender), the interest rates are higher, the qualifying rate is higher than if you were going with a traditional bank and they are going to charge one per cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»

Also this week, Carney made his own announcement regarding interest rates, keeping the UK at 0.5 per cent.

For Canada's five largest institutions, interest rates for high interest savings accounts range from as low as 0.05 per cent to as high as 1.7 per cent with Scotiabank's Momentum Plus Savings Account, according to RateHub.

«In essence, the bank's saying what it has been saying — it needs to see the economy grow a little more quickly, [and] inflation move toward that 2 per cent target before we can look forward to interest rates going up.»

According to rate - tracking website Ratehub.ca, high interest savings accounts can earn between 1.05 per cent to 2.25 per cent.

He's not cheap — the interest rate for a first mortgage starts at 6.99 per cent — but he's flexible.

Eighty per cent of CEIBS» international grads express interest in working in China after graduating, but, says MBA director of Admissions and Career Services Yvonne Li, «the successful staying rate is 50 %.»

As the nation watched horses on Tuesday, Wednesday saw a bullish Reserve Bank increase interest rates to 6.75 per cent.

The central bank stuck with its benchmark interest rate of 1.25 per cent Wednesday as it continued along a careful process of determining the appropriate juncture for its next hike.

Public debt charges were down $ 200 million or 0.7 per cent due mainly to a lower average effective interest rate.

TORONTO — The head of Canada's central bank is leaving Canada's key interest rate unchanged at 1 per cent.