Tag Archives: Interest
The Impact of Mortgage Interest Rate
The Impact of Mortgage Interest Rate Mortgage interest rate is the interest rate banks set to customers who take out credit using collateral. This mortgage interest rate is determined depending on the type of bank loan taken. Credits for consumption
Factors to keep in mind when selecting an interest rate for Home Loans
Factors to keep in mind when selecting an interest rate for Home Loans Home loan rates are influenced by several factors. These include the principal amount, repayment tenure and interest rate amongst many other important factors. While one can easily
Getting the Best Home Loan Interest Rates
Getting the Best Home Loan Interest Rates Interest rates are a very important deciding factor in comparing home loans. Interest rates are always a hot topic because they determine how much your home will ultimately cost and how much you
Check The Interest Rate Before Buying A Car
Check The Interest Rate Before Buying A Car Do you have poor credit? Looking out for a car at some stage or the other in life is a common thing. Even if a person has a poor credit history, the
Advantages and Disadvantages of Fixed and Variable Interest Rate Home Mortgage Loans
Advantages and Disadvantages of Fixed and Variable Interest Rate Home Mortgage Loans One of the most expensive financial investments that most people make in their lifetime is for sure a home mortgage loan. Deciding which loan is the best for
Factors That Affect Your Interest Rate
Factors That Affect Your Interest Rate Numerous factors come into play when determining the interest rate you’ll pay on a home loan. Downpayment The higher the percentage of the purchase price that you can afford to make as a down
Could You Get A Lower Interest Rate?
Could You Get A Lower Interest Rate? If you obtained a loan such as a car loan, unsecured personal loan or a mortgage when the interest rates were high you may now be able to get a lower interest rate.
How Banks Mitigate Risk Of A Loan By Using An Interest Rate Hedge
How Banks Mitigate Risk Of A Loan By Using An Interest Rate Hedge Financial organizations such as banks that regularly make loans to customers can have exposure to risk from modifications to interest rates. Anytime an interest rate floats or
Student Loan Consolidation Interest
Student Loan Consolidation Interest The competitive workforce has brought about an increase in the need for university education. Hand in hand with the demand tagged along the expenses associated with the increasing student fees – for example housing, books etc.
The Interest Rate Determinants of a Common Personal Loan
The Interest Rate Determinants of a Common Personal Loan Are you short of funds? Do you want to apply for a personal loan, but do not know how? Are you confused on what factors to consider before deciding which package