Sentences with phrase «subprime rates»

Like an ARM at subprime rates with a monthly payment that would swallow an entire paycheck every month?

But you will find subprime rates to be several points above prime rates.

To lure or qualify them, brokers offered rates that were low for a couple of months or years, then shot up to normal subprime rates.

While these are often considered bridge loans to fill a financing gap, they often are for subprime rates, meaning you'll pay more for the loan.

If your credit score is in the low - 600s range or below, you're likely to be offered subprime rates.

What's important to realize is this: Just because a lender offers you a mortgage with an Alt - A or subprime rate doesn't mean you wouldn't qualify for a prime - rate mortgage with a different lender.

The great crisis in the $ United States, known as the subprime crisis world over, happened due to lending at subprime rates.

subprime rates are like 8 - 9 %....

Now assume you get the same 30 - year fixed rate mortgage for $ 200,000, but this time you are offered a subprime rate of 6 %.