Sentences with phrase «than the variable rate of»

Not exact matches

Such rates will generally be higher than what home buyers currently pay, not only because banks now offer substantial discounts from posted rates, but also because many buyers (40 % according to a July 2011 TD Bank report) take mortgages with variable rates, which are lower than fixed rates at least 85 % of the time.

The appeal of variable - rate loans is that they usually start out with interest rates that are between one and two percentage points lower than fixed - rate loans.

The new interest rate can be lower or higher than the weighted average of the old loans and can be fixed (the interest rate won't ever change) or variable (the rate changes based on the market conditions).

The important thing to remember is, all other things being equal, a lower student loan interest rate is better than a higher one — but you need to consider all of the terms of the loan including whether the rate is fixed or variable and what your loan repayment options are to ensure you get the best overall deal.

The only problem with variable rates is that they can go as long as more than the time period of the loan.

Variable rates are usually lower than fixed rates, but they can rise over the life of the loan.

You might pay more over time than the variable rate (assuming the variable rate wouldn't increase beyond your fixed rate), but it might be worth it for the peace of mind.

If you get an offer for a variable rate that's a lot lower than your fixed rate offer, you could still save money over the life of the loan.

It concluded that negative intermeeting stock market returns are a stronger predictor of subsequent target changes in the Fed funds rate than any commonly followed macroeconomic variable.

As a result of the turmoil the average rate on a standard variable rate mortgage has increased by 40 basis points more than might otherwise have been the case, while the standard business borrowing rate has increased by between 30 and 60 basis points.

Fixed rates are typically a tad higher than variable rates — but they are fixed, meaning they won't go up or down over the life of your loan.

Much of this growth came from consumers buying FIAs with guaranteed living withdrawal benefits (GLWBs), some with benefit base rollups as high as 8 or 9 percent and withdrawal rates greater than those in variable annuities, the report said.

The former effect reflects the narrowing of margins on housing and small business loans: the rate on standard variable rate housing loans has fallen by 1.3 percentage points more than the cash rate since mid 1996; in 1998, the average variable - rate on small business loans has fallen by 0.7 of a percentage point relative to the cash rate.

Wages have not grown as fast as prices, and the majority of UK homeowners have variable rate mortgages, rather than fixed - rate.

A measure of this discounting is only available with a significant lag, but the latest figures suggest that around 80 per cent of borrowers taking out variable - rate housing loans pay less than the indicator rate for these loans.

He argued that «any one of these rules would be better than guidance based on interest rates or exchange rates, or on any real variable such as the growth of output or the level of the unemployment rate» (p. 281).

This study was interesting in that it found more younger infants died in bed with a parent than older infants did, but omitted a key variable: the base rate of bedsharing.

Importantly though, the donation rates in these areas were lower than adjacent metropolitan areas with similar demographics, highlighting that variable donation rates at a macro-level is based on variable OPO performance and community - level engagement in donation, and not the underlying demographics of the population, which is often what many OPOs cite as the cause of lower donation numbers.

In the variable cue - constant place condition, the firing rates of active cells varied, often over more than an order of magnitude, whereas the location of firing remained constant.

Jagai and her colleagues used the U.S. EPA's Environmental Quality Index, a county - level measure incorporating more than 200 of these environmental variables and obtained cancer incidence rates from the National Cancer Institute's Surveillance, Epidemiology, and End Results Program State Cancer Profiles.

Sweat rate is highly variable between athletes, with some athletes losing up to 2.5 liters per hour (that's more than a large soda bottle) and others lose more electrolytes (the salty sweater).7, 8,9 With proper heat acclimatization, sweat rate will increase, but the concentration of electrolytes in the sweat will be less (i.e., less salty sweat).

Another benefit of variable cyclic training is that it is much more interesting and has lower drop - out rates than long boring steady state cardio programs.

Of the six variables from the second round of the principal survey, only one, District Focus on Data - Based Decision Making, showed a significant main effect (F = 3.45, p =.018); principals in urban districts rated it higher than principals in suburban districtOf the six variables from the second round of the principal survey, only one, District Focus on Data - Based Decision Making, showed a significant main effect (F = 3.45, p =.018); principals in urban districts rated it higher than principals in suburban districtof the principal survey, only one, District Focus on Data - Based Decision Making, showed a significant main effect (F = 3.45, p =.018); principals in urban districts rated it higher than principals in suburban districts.

It is rated at an unimpressive 166 hp at 6000 rpm and 162 lb - ft of torque at 4200 rpm, but with the help of a continuously variable transmission and a chassis that's 220 pounds lighter than before, it delivers a very impressive 25/31/27 mpg (city / highway / combined).

The fact that Sprint hasn't rated the battery for any specific length of life probably says more about the variables involved in achieving max life than the quality of the battery itself: disconnecting Wi - Fi, Bluetooth, and GPS will have a significant boost on the battery's life, as will adjusting the backlight brightness, screen timeout, and haptic feedback.

These loans can start with a lower initial interest rate than a fixed - rate loan, but the interest rate is variable and can possibly rise after a set period of time, leading to higher monthly payments.

If you have a mortgage of $ 350,000, over 5 years you would pay $ 10,533 more with a 5 year fixed rate than a 5 year variable rate.

This term allows you to convert into a fixed rate mortgage at a later date without penalty; however it also comes with a higher interest rate than is available on most of RMG's fixed and variable rate terms.

Fixed rate mortgages have been more expensive than variable rate mortgages about 90 % of the time in the past 25 years.

HELOCs generally have a variable interest rate, rather than a fixed interest rate, and the initial interest rate on the line of credit is oftentimes lower than the fixed rate charged on a home equity loan.

Fixed interest rates, if available, may be slightly higher initially than variable rates, but fixed rates offer stable monthly payments over the life of the credit line.

The couple also inquired to see if they could roll their line of credit (LOC) into their mortgage to see if they could save some money doing this, as LOCs are usually 1 % (or more) higher than variable rate mortgage rates.

But if you are planning on paying back your loan over the course of 5, 10, or 15 years, then your low variable rate today will likely rise — maybe even higher than whatever rate you had before refinancing.

Even though the idea of a variable rate mortgage is not a new thought in Canada, there are more kinds now than ever before that you should familiarize yourself with.

Since lenders bear the interest rate risk of a fixed rate loan (the risk of rates rising), interest rates are generally initially higher on a fixed rate loan than on a variable rate loan.

If I bought a house five years ago or ten years ago and if I mortgaged it to the hilt, bought way more house than I could reasonably afford, I had a variable rate mortgage, I'd be sitting here today in February of 2015 laughing my head off.

After a few years of climbing interest rates variable rate homeowners could be stuck with a much higher bill than they started with.

«Reverse mortgage rates are a heck of lot better than they used to be,» McLister says, adding that CHIP variable rates got as high as six percentage points above prime in 2009.

You pay a higher rate of interest than you would for a conventional mortgage: currently 4.99 % for a variable rate or a six - month term, which is about 1.5 percentage points more than you'd pay for a HELOC, McLister says.

The security of locking in a constant, predictable mortgage payment for the long term was more valued than hunting for the lowest possible variable rate mortgage.

After the student loan rate extension of 2012, Rep. Culberson mentioned that the Republicans «recommended using variable interest rates rather than fixed interest rates» way back in 2002.

Henning warns of the transitory nature of his ratings, especially considering that more than half of the variables of his hybrid model relate to price activity.

Fixed rates are usually slightly higher than variable rates, but will remain constant over the length of the loan, so payments will not vary either.

Even if you use a line of credit, the interest rate on your down payment loan can be much higher than a regular mortgage, or have a riskier variable rate.

This term allows you to convert into a fixed rate mortgage at a later date without penalty; however it also comes with a higher interest rate than is available on most of MCAP's fixed and variable rate terms.

It is important to know with a variable loan interest rate, loan rates go up faster than dividend increases, you could easily find yourself on the wrong side of the curve.

Variable rate loans start off with lower interest rates than fixed rate loans with similar repayment periods; however, the interest rate fluctuates as the interest rate of the base index changes.

Tend to offer a higher initial rate than variable rate loans, but if interest rates rise it may end up costing less over the life of loan than a variable rate loan.

If your variable interest rate is increased for any of the reasons above, you can wind up paying a great deal more than what you owe.

Fixed rates stay the same for the life of the loan but are higher than starting variable rates.