Sentences with phrase «soaring interest rates»

In the housing boom, many people turned to cash - out refinancing to replace soaring interest rates, with lower ones.

With soaring interest rates on credit cards many people find it difficult to find the money each month to pay their debts.

This makes a big pump in interest rates extremely unlikely, as soaring interest rates would create a debt service burden that would likely cause huge pain in most sectors, which central banks would have to address with an even more «accommodative» monetary policy.

By the early 1980s, enormous external debts, soaring interest rates, and the beginning of a long - term decline in commodity prices set off what was subsequently known as the LDC Debt Crisis.

For many traders the collapse in silver was the final straw for a stock market already under siege from worries as diverse as the Iranian hostage crisis, the Russian invasion of Afghanistan and soaring interest rates.

That's a tracker though, not a fixed rate product, so you'll be at the mercy of — ahem — soaring interest rates.