Sentences with phrase «than the current market rate»
If your interest rate is much higher than the current market rate, you would likely see an immediate reduction in your payment amount.
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Many of these homeowners have interest rates lower than the current market rate.
The general rule is that when the interest rate on your mortgage is at least two percentage points higher than the current market rate, then it may be time to refinance.
Many will consider refinancing their mortgage to get a cash - out, but it may not be a good move, especially if their interest rate is lower than the current market rate.
If you request a transfer with a fee that is less than the current market rate, your transaction may end up stuck in limbo.
Once this period ends, the regular rate kicks in that's usually higher than current market rates.
A bond is considered a discount bond when it has a lower interest rate than the current market rate and, consequently, is sold at a lower price.
Interest rates are dropping, and you are locked in at a rate much higher than the current market rates.
In conjunction with the down payment funds, AHFA offers a 30 - year, fixed - rate mortgage with an interest rate just slightly higher than the current market rate.
If you have a mortgage and the rate is higher than the current market rates, you can refinance the mortgage to lower the rate and borrow against the equity.
I explained the possible uses of the policy, including the option to receive a life income that would be higher than current market rates and mostly income tax free.
They can accomplish this because the note rate on the loan (after the buydown adjustments) will be higher than the current market rate.
The goal of the work done by US Probate Leads is to offer investors a way to find properties that can propel their business forward at rates that are generally 30 % to 50 % lower than the current market rates.
The initial rate is lower than the current market rate and is fixed for the specific adjustment period set by the lender at the origination of the loan.