Sentences with phrase «what typical interest rates»

Use this as a guide to understanding what typical interest rates for card are, and how your existing or potential APR compares to the larger population.

Not exact matches

That's a continuation of what we've seen in recent years, and a typical pattern when the Fed raises interest rates.

«The typical investor today has never experienced a sustained rising - rate environment and they are emotionally and historically unprepared for what happens when interest rates go up 3 % or 5 %,» he said in a telephone interview this week.

It may be somewhat useful to make comparisons to that period of time to see how certain interest rate sensitive asset classes such as junk bonds, REITs, dividend - paying stocks or bonds performed, but my guess is that particular environment doesn't do a great job of showing investors what a typical rising rate scenario would look like (assuming there is such a thing).

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

Recently I got into the investing side of lending club but the interest rate they show for typical FICO scores is lower to the investor than what the actual rate is being offered to the customer.

Because Rapid Advance offers small business loans to borrowers with bad credit, however, you might expect higher interest rates than what you'd find with a typical small business loan.

If you compare the interest rate on a typical credit card to what you can get on a bank loan — even an unsecured one — it's obvious that keeping long - term debt on a credit card is just like burning money.

Retail cards tend to carry much higher interest rates than the typical credit card, so if you don't pay off what you charge right away, it could end up costing you more than if you had just paid cash in the first place.

What is a typical interest rate to charge for something like this?