Sentences with phrase «quarter of a percentage point]»

The Bank of Canada announced this morning that it is dropping its target interest rate by a quarter of a percentage point to 0.75 %.

Citing sluggish growth abroad and lower oil prices, the Bank of Canada this morning lowered the overnight lending rate one quarter of a percentage point, to 0.5 %.

The last time the U.S. went through a partial government paralysis in 1995 - 1996 — for roughly three weeks in two separate instances — economic growth slowed by a quarter of a percentage point during the last three months of 1995.

Just like it did a year ago, the Federal Reserve on Wednesday sent its key short - term interest rate up by a quarter of a percentage point.

We might see an extremely modest rate increase — perhaps a quarter of a percentage point — «but it won't go up a lot,» says Devlin.

The Fed funds rate remained there for seven years before the central bank nudged it up a quarter of a percentage point in December.

Feb 02, 2017 In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point.

Whenever the Fed decides to act, the initial rate increase will be small — a quarter of a percentage point — but it looms large psychologically because it will be the first increase in short - term rates by the Fed since June 2006.

As expected, as their meeting concluded yesterday, Federal Reserve Chair Janet Yellen and company decided to raise the benchmark interest rate they control by one - quarter of a percentage point.

«MSCI estimates some $ 17 billion will flow into Chinese markets — both from passive funds that automatically track its indexes and active fund managers — when the country's stocks are included a year from now,» giving indexers something like a quarter of a percentage point of China's stock market, which is the second - biggest in the world behind America's.

The Bank of Canada has already raised interest rates three times since July, but the benchmark rate is still three - quarters of a percentage point below the 2 - per - cent inflation target.

The country's biggest banks raised their prime rates after the Bank of Canada hiked its overnight lending rate earlier this month by a quarter of a percentage point to 1.25 per cent.

The Federal Open Market Committee has raised its key interest rate by a quarter of a percentage point, in its attempt to leave zero rates behind.

In that system, just two students dropped out in 2014 - 2015, making its dropout rate less than a quarter of a percentage point.

Purely on the basis of your credit score and loan - to - value (LTV) ratio, Fannie now plans to charge an extra quarter of a percentage point of the loan amount, in this case $ 1,000.

Rates are actually lower now than after the Federal Reserve raised them a quarter of a percentage point in December, says mortgage lender Elysia Stobbe of NFM Lending in Jacksonville, FL. «That's pretty ironic.»

Smart beta funds may be cheaper than active mutual funds, but they can still be half to three - quarters of a percentage point more expensive than traditional ETFs.

Experts predict that rates will increase by the end of 2017 and will be about three - quarters of a percentage point higher, at 4.5 %, by the end of 2018.

But since that December increase of a quarter of a percentage point, the Fed has held off pushing the fed funds rate any higher because of concerns about lackluster economic growth.

Reservists and National Guard members usually pay about one - quarter of a percentage point more than active - duty personnel.

Mortgage interest rates have already risen by over a quarter of a percentage point in 2018.

It's pretty rare to find other rate reduction offers like these, but even a quarter of a percentage point adds up to a big savings over the life of your loan.

That means you can find a deal that's at least a quarter of a percentage point below the national average of 15 - year home loans — 2.97 %, according to our latest survey of major lenders.

Three - and four - year mortgage rates will also increase by one - quarter of a percentage point, while one - and two - year rates will go up by 0.15 of a percentage point.

The central bank cut its target for the overnight rate by a quarter of a percentage point to 0.5 per cent.

TD Canada Trust and the Royal Bank of Canada both announced on Tuesday that they will increase certain fixed - term mortgage rates by up to one - quarter of a percentage point, effective Wednesday.

For each point you buy, your rate is reduced by a certain amount, usually one - eighth to one - quarter of a percentage point.

For example, even though the Fed was still holding the funds rate steady in autumn 2016, fixed mortgage rates rose by better than three quarters of a percentage point amid growing economic strength and a change in investor sentiment about future growth and tax policies during the period.

With the exception of Fannie Mae, the experts agree that interest rates will increase by three - quarters of a percentage point, costing you more to pay back your loan.

TORONTO — Canada's biggest banks will hike their prime rate by a quarter of a percentage point on Thursday, putting financial pressure on homeowners with variable rate mortgages.

The comparison period was relatively short — just five years — and the margin of outperformance was pretty slim, about a quarter of a percentage point a year.

Interest rates for renovation loans are usually one - eighth to one - quarter of a percentage point higher than they are for a conventional mortgage because these loans are riskier for the lender.

On the day of the interview with Thompson, buying a point on a fixed - rate loan lowered the rate by a quarter of a percentage point.

But with variable interest, a quarter of a percentage point increase can be significant if you're dealing with a large loan balance.

«If we're talking a quarter of a percentage point, the likelihood is there that you're better off to move it from one institution to another.»

Perhaps the most significant influence on the stock market in January was a decision by the U.S. Federal Reserve to hike its federal funds rate on December 16 by a quarter of a percentage point to a range of.25 % to.50 %, the first hike in nearly a decade.

Each point you buy will knock one - eighth to one - quarter of a percentage point off your mortgage rate, which is less than points would buy a few years ago.

The interest rate increase was relatively minor at a quarter of a percentage and it will take several months to a year before you're likely to see any changes.

The Bank of Canada cut interest rates by a quarter of a percentage point twice in 2015 to help the economy deal with a plunge in oil prices, but it said Wednesday that adjustment has been made.

After seven years of very low interest rates, the Bank of Canada raised its key interest rate by another quarter of a percentage point, up to 1 per cent from 0.75 per cent.

Castro said the cut, of a quarter of a percentage point, was necessary to offset rising mortgage rates.

Rates on the 30 - year fixed - rate mortgage fell this week, averaging 5.32 %, a quarter of a percentage point lower than they averaged at their mid-June peak, Freddie Mac reported on Thursday.

On Dec. 27, the Department of Housing and Urban Development announced that premium rates for mortgage insurance on loans backed by the Federal Housing Administration would drop by a quarter of a percentage point, bringing them in line with what rates were before the housing crash.

After seven years of very low interest rates, the Bank of Canada raised its key interest rate by another quarter of a percentage point, up to 1 % from 0.75 % this month.

Average card rates have climbed steadily this year, expanding by more than three quarters of a percentage point in just nine months.

Since January 1, the average card APR has climbed by more than three quarters of a percentage point.

The average annual percentage rate (APR) soared to 15.22 percent — up nearly a quarter of a percentage point for its largest increase in 2011.

«The Fed's decision to raise interest rates by a quarter of a percentage point puts the federal funds rate at its highest level since 2008.

«The loss of export sales will probably take about three - quarters of a percentage point off the growth rate of our economy in 1999,» says Fred Flick, NAR vice president of economic research.

The 30 - year fixed rate mortgage is up over a quarter of a percentage point (27 basis points) from the first week of the year.