Sentences with phrase «significantly higher interest rates on their mortgages»
As such, they are able to charge significantly higher interest rates on their mortgages (in some cases in excess of 10 %).
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Because we do not incur the significantly higher fixed operating costs inherent in a branch - based distribution system, we are able to provide better value to our customers through low fees and low interest rates on our digital mortgages.
Look for a cap rate significantly higher than the interest rate on the mortgage, and higher than the returns on safer investments.
Such mortgages generally have fewer restrictions on them but typically charge significantly higher interest rates - often as much as three full percentage points above the best agency rates.
If the interest rates on bonds are significantly high, the mortgage lenders may like to increase the interest rates on their mortgages too in order to keep the investors happy.
Recent reductions to the conforming loan limits by the federal government are already having an impact on mortgage liquidity according to early data from an NAR survey, which found that consumers who are now above the new lower conventional conforming loan limit are experiencing significantly higher interest rates and the need for substantially larger down payments.