Sentences with phrase «usually at a higher rate of interest»

These are usually at a higher rate of interest than a mortgage.

Not exact matches

a bond where no periodic interest payments are made; the investor purchases the bond at a discounted price and receives one payment at maturity that usually includes interest; they have higher price volatility than coupon bonds as a result of interest rate changes

Secured home improvement loans are usually available at slightly lower interest rates, are usually meant for higher amounts, and can be repaid over a longer period of time.

But in many cases, this is deferred interest, meaning that if you don't pay off the entire balance by the end of the promotional period, you must pay the back interest, usually at a rate in the high 20s.

This high risk comes at a cost, usually in the form of a higher interest rate and a higher monthly payment.

The advantage of buying brokered CDs is that these usually carry higher interest rates than those directly sold at banks because brokerages can pool investments before buying a certain bank's CD.

Where other banks require you to have tens of thousands of dollars on deposit to earn the highest interest rate offered (usually between $ 25,000 to $ 50,000), Mutual of Omaha Bank's interest rate kicks in at of balances of $ 1,500.

At the end of this honeymoon period, a higher interest rate usually applies.

The interest rate is usually fixed for the term of the deposit and is generally higher than a transaction account but not always higher than some other at - call high interest savings accounts.

In exchange for a one - time fee, they allow debts you're carrying at higher interest rates to be switched to them to be paid down at a 0 % APR for some length of time — usually between 15 to 24 months.

Credit card transfer deals usually revert to a high interest rate at the end of the honeymoon period.

With fiscal spending at an all time high, we can expect it to be a good while before we make sustained gains in the market (usually fiscal spending like this brings the economy out of recession, sparks inflation, then interest rate hikes and taxes, and then another recession before it's all worked out).

However, these loans aim at a short time period and usually carry extremely high rates of interest.

One payment strategy is looking at the debt with the highest interest rates (usually one of your credit cards) and taking care of it first.

You could also take out a smaller loan to cover the amount of the 20 percent down, although this usually comes at a higher interest rate.

When a lender agrees to credit closing costs, it is usually at the price of a slightly higher interest rate so the costs will be paid back by the borrower over the life of the loan.