Sentences with phrase «quarter of a percentage point on»

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.

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A few things stand out about this particular rate change: first, the magnitude of influence that just a quarter percentage - point change had on the stock market; second, the current rate with an upper range of.50 % compared to the various long - term averages of about 5 %; and third, the rate remains historically low, with only minute incremental changes, despite the relatively good news we continue to read about the economy.
Economists at Macroeconomic Advisers boosted their forecast for fourth - quarter economic growth by three - tenths of a percentage point to an annualized rate of 2.4 percent, on the «unexpected strength» in consumer spending.
More importantly, 23 percent said they plan to add workers, a decrease of three percentage points from the first quarter; 9 percent said they planned to scale back on the number of workers they have, an increase of two percentage points.
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.
«Samsung's smartphone sales declined 8 percent in the fourth quarter of 2016 and its share dropped by 2.9 percentage points year on year.»
Fourth quarter same — fourth quarter restaurant labor expenses were 50 basis points lower than last year on a percentage of sales basis due to increased productivity and lower restaurant manager incentive compensation expense.
Huawei, Oppo and BBK accounted for 21.3 percent of smartphones sold to end users worldwide during the fourth quarter of 2016, an increase of 7.3 percentage points year on year.
The latest ABS projections, based on Australian Bureau of Agricultural and Resource Economics (ABARE) estimates, indicate that farm GDP fell by around 30 per cent over the year to the June quarter 2003, subtracting a little under 1 percentage point from GDP growth, which is a slightly smaller subtraction than previously expected.
Moreover, principals account for fully one quarter of a school's effect on student achievement and a highly effective principal can increase student achievement by as much as 20 percentage points.
The impact on college attendance was small (just over a quarter of one percentage point in a sample of whom 45.5 percent attended college) as was the impact on college quality.
Based on NPD's latest music industry research, sales of digital tracks and albums accounted for 40 percent of overall music market share in the first quarter (Q1) of 2010, which is a 5 percentage point gain since Q1 2009.
The calculation is based on a formula in the Income Tax Act regulations which takes the simple average of three - month Treasury bills for the first month of the preceding quarter rounded up to the next highest whole percentage point (if not already a whole number).
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.
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.
While you might miss out on a few percentage points of cash back from one category during a specific quarter, you'll probably make up for it in other quarters, depending on where you spend money.
The most recent iterations of the Federal Reserve policy - setting committees have all shown a preference for small changes in the Federal funds rate, usually a quarter - percentage point at a time, with a few half - point (or more) exceptions, most often on the downside.
On a conventional mortgage backed by Fannie Mae, the rate on a condo will usually run about one - eighth to one - quarter of a percent (0.125 - 0.250 percentage points) higher than what you'd pay on a single family homOn a conventional mortgage backed by Fannie Mae, the rate on a condo will usually run about one - eighth to one - quarter of a percent (0.125 - 0.250 percentage points) higher than what you'd pay on a single family homon a condo will usually run about one - eighth to one - quarter of a percent (0.125 - 0.250 percentage points) higher than what you'd pay on a single family homon a single family home.
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 poinOn the day of the interview with Thompson, buying a point on a fixed - rate loan lowered the rate by a quarter of a percentage poinon a fixed - rate loan lowered the rate by a quarter of a percentage point.
On a 30 - year fixed rate mortgage with a reduction option, the homebuyer pays an extra one - fourth to three - eighths of a percentage point in the interest rate on the mortgage plus a quarter to three - eighths of 1 percent of the loan amount (points) at the time of closinOn a 30 - year fixed rate mortgage with a reduction option, the homebuyer pays an extra one - fourth to three - eighths of a percentage point in the interest rate on the mortgage plus a quarter to three - eighths of 1 percent of the loan amount (points) at the time of closinon the mortgage plus a quarter to three - eighths of 1 percent of the loan amount (points) at the time of closing.
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.
On top of that, Lee said the rate would likely inch up a quarter - percentage point at a time, making the coming increases easier to manage than the towering Canadian levels of the early 1980s.
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 crasOn 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 crason 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.
Citi recently increased the APR on the ThankYou Preferred card by half a percentage point and then increased it again after the Federal Reserve hiked rates by a quarter of a percent.
While you might miss out on a few percentage points of cash back from one category during a specific quarter, you'll probably make up for it in other quarters, depending on where you spend money, of course.
While you might miss out on a few percentage points of cash back from one category during a specific quarter, you'll probably make up for it in other quarters, depending on where you spend money.
«Moreover, the fact that the rise in bitcoin prices was concentrated in 2017 Q4 could result in the wealth effect materializing in 2018 Q1, and if that is the case, we estimate a potential boost to real GDP growth on an annualized quarter - on - quarter basis of up to about 0.3 percentage points
Moreover, the fact that the rise in bitcoin prices was concentrated in 2017 fourth quarter could result in the wealth effect materialising in 2018 first quarter, and if that is the case, we estimate a potential boost to real GDP growth on an annualised quarter over quarter basis of up to about 0.3 percentage points
``... the fact that the rise in bitcoin prices was concentrated in 2017 fourth quarter could result in the wealth effect materializing in 2018 first quarter... we estimate a potential boost to real GDP growth on an annualized quarter over quarter basis of up to about 0.3 percentage points
The Federal Reserve voted on Wednesday to again raise the key interest rate one - quarter percentage point, the first of three hikes anticipated for 2017.
At the hearing, Carson also said he wasn't briefed by the Obama administration before its decision on Monday to cut premiums the FHA charges by a quarter of a percentage point.
• Only 33 percent of Americans said they believe the economy is on the right track, up 4 percentage points from the fourth quarter of 2010, but virtually unchanged from January 2010 (31 percent).
The Federal Reserve voted on Wednesday to raise the key interest rate one - quarter percentage point, ticking off the second of three hikes slated for this year.
Preliminary data on construction as a share of existing inventory for seniors housing remained the same as in the third quarter at 6.6 % and was 0.4 percentage point below its recent high of 7.0 % in the third quarter of 2016.
Preliminary data on construction as a share of existing inventory for seniors housing was 6.7 % in the first quarter of 2018 and was 0.3 percentage point below its recent high of 7.0 % in the third quarter of 2016.
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