Sentences with phrase «qualifying rate for»

As of Jan. 1, 2018 there will be a nation - wide stress test that demands a new minimum qualifying rate for uninsured mortgages — those with a deposit of 20 per cent or more.

Also, the qualifying rate for all uninsured mortgages should be the contractual mortgage rate plus two per cent.

From 1 February 2018 to 31 May 2018, earn double KrisFlyer miles and enjoy dining discounts of up to 15 %, when you stay on a qualifying rate for a minimum of two nights in participating hotels.

The Department of Finance introduced the qualifying rate for high ratio mortgages in 2010.

The new rule changes now require the minimum qualifying rate for uninsured mortgages to be the greater of the five - year benchmark rate published by the Bank of Canada (4.89 % today) or the contractual mortgage rate +2 %.

The rules now require the minimum qualifying rate for uninsured mortgages to be the greater of the five - year benchmark rate published by the Bank of Canada (presently 4.89 %) or 200 basis points above the mortgage holder's contractual mortgage rate.

But the association predicts the pace of sales will cool due to several factors, including a five - year qualifying rate for a mortgage that is forecast to reach 5.70 per cent by the fourth quarter of 2019.

Outlook Standard & Poor's qualified its ratings for Dutchess County government with a «stable» outlook, reflecting the strengths noted in the report.

Not exact matches

Here are the energy efficiency rates your subsystems need to be operating at in order to qualify for a tax break: lighting systems need to be 25 % efficient, HVAC 15 % efficient, and the building envelope 10 % efficient.

U.S. - based asset managers like Federated Investors Inc. and Franklin Resources Inc. pay high effective tax rates because they qualify for fewer deductions, so they will keep more of their income.

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

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.

The difference is that the House bill places restrictions on which businesses can qualify for that rate — and lawyers and accountants wouldn't be able to qualify.

The rules jack the qualifying rate on all new five - year mortgages for homes under $ 1 million to the Bank of Canada benchmark — currently 4.64 %.

«(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.»

According to a release issued on Friday, the Air Force is now looking to have retired pilots return to the service for up to 12 months in positions that require qualified pilots, an initiative called Voluntary Rated Return to Active Duty, or VRRAD.

If you've got bad credit, you may discover you don't qualify for a lender's larger loan products, low annual percentage rates (APRs) or certain repayment schedules.

He quickly found the right place — a $ 344,000 condo in the Yonge and Eglinton neighbourhood — after qualifying for a 2.89 % five - year fixed - rate mortgage.

«The lowest rate that Earnest has on a student loan is like 2 percent for highly qualified buyers,» Levitan says.

With low credit scores and no access to collateral, you might not qualify for an SBA loan, which is longer term and has lower interest rates.

The 504 CDC Program is designed to provide growing businesses with long - range, fixed - rate financing (up to $ 1 million for qualified applicants) for major expansion expenditures in the realm of fixed - asset projects.

If you do choose to sell any investment held outside of a tax - deferred account, such as an IRA, make sure, if at all possible, you hold it for at least one year and one day in order to qualify for the long - term capital gains rate.

Find out if your home business qualifies for a business discount or business rate.

To qualify for federally regulated mortgages, borrowers must be able to afford interest rates that are two percentage points above the contracted rate or the Bank of Canada's five - year benchmark rate, whichever is higher.

Also, although the new tax law that took effect Jan. 1 lowered rates individual tax rates and created a 20 percent deduction for qualifying earnings for solo workers (and other business entities that have so - called pass - through income), it doesn't take much to owe the government.

As part of the new TCJA, access to favorable capital gains tax rates now demands a three - year holding period; previously, an investor needed only to maintain his or her position in the startup for 12 months to qualify for a lower rate on an eventual sale.

You may qualify for a loan with a good score, but you may need an excellent score to qualify for the lowest interest rates on that loan.

The Jobs and Growth Tax Relief Reconciliation Act of 2003 established a maximum tax rate of 15 percent for long - term capital gains and «qualified» dividend income.

«The rate of new business births rose by 13 percent among households that qualified for SCHIP.

Rising interest rates could also paradoxically make it easier for some first - time homebuyers to qualify for a mortgage.

When it comes time to purchase a new home or new car, you want your credit report and credit score to be in top financial shape so you qualify for good interest rates.

«The company has found a larger underserved portion of Canadian households that do not qualify for traditional bank credit but do not wish to pay the exorbitant interest rates that payday loan operators charge,» he wrote in a November report.

That's a tough challenge for small companies whose foreign - exchange transactions are typically not large enough to qualify for the low - cost «Interbank Rates» reserved for currency swaps of more than $ 5 million.

We're also finding that — given how much rental rates are currently rising — a lot of folks are having a hard time saving for a down payment and qualifying for a mortgage.»

For taxpayers in the top four tax brackets, this means the tax rate on long - term capital gains and qualified dividends will be 15 percent through December 31, 2010.

Someone with a credit score of between 660 and 679 might qualify for an interest rate of 6.51 percent for that same loan.

Often, prompt payments will also qualify you for lower interest rates on subsequent loans.

It may be that losing some of the entertainment - related expense deductions will be offset by reduced tax rates in case of corporations and the new 20 percent qualified business income deduction for pass - through entities.

For example, if you apply for a $ 250,000, 30 - year, fixed - rate mortgage and your credit score is between 760 and 800 (which is excellent), you could qualify for a rate of 5.9 perceFor example, if you apply for a $ 250,000, 30 - year, fixed - rate mortgage and your credit score is between 760 and 800 (which is excellent), you could qualify for a rate of 5.9 percefor a $ 250,000, 30 - year, fixed - rate mortgage and your credit score is between 760 and 800 (which is excellent), you could qualify for a rate of 5.9 percefor a rate of 5.9 percent.

These scores a key to getting approved for financing and trade credit, as well as qualifying for lower rates on things like business insurance and certain loan options.

Businesses with many years under their belts and stellar business credit are more likely to qualify for unsecured lines at reasonable rates.

D & B told us point blankly that we need to pay them to help reveal our «company's financial health in the best possible light, negotiate better payment terms with suppliers and qualify for better insurance premium and mortgage rates.»

You're more likely to qualify for a lower interest rate if you have a good credit score.

Homeownership program - Qualifying first - time homebuyers are eligible for affordable 30 - year fixed - rate loans.

However, when families are making these decisions themselves, their marginal tax rates will have significant effects on the lifetime earnings differences, especially for high - income families or families who currently qualify for means - tested benefits.

If you don't have a good credit score or you can't meet your lender's other requirements, you probably won't be able to qualify for a lower mortgage rate.

Check with an Amplify Account Management Professional (AMP) to determine the rate for which you qualify.

Don't apply for new credit since changes in credit score may impact your ability to qualify for a mortgage or get a lower rate.

Check with an Amplify Mortgage Lending Specialist to determine the rate for which you qualify.

This can help you to qualify for the lowest possible 30 - year fixed mortgage rate.