The phrase "a modest interest rate" is correct and usable in written English.
It can be used when discussing financial terms, particularly in the context of loans, mortgages, or investments where the interest rate is considered reasonable or not excessively high.
Example: "The bank is offering a modest interest rate on personal loans, making it an attractive option for borrowers."
Alternatives: "a reasonable interest rate" or "a fair interest rate."
As the lira fell in the weeks before the June election he was persuaded by his senior officials to agree to a modest interest rate hike.
Here's what happened: The central bank, anxious to avoid any appearance that it is, in effect, printing money and risking inflation, routinely "sterilizes" its purchases of government bonds by taking deposits from euro area commercial banks, which receive a modest interest rate in return.
Fed Up and its allies say even a modest interest rate hike will slow down a job market that is already inadequate for the size of the population and has yet to produce significant wage growth.
Using the $35,000 student loan average, and a modest interest rate of 4percentt for 10 years: If a student decides to begin paying on the loan immediately and cut six months off the term of their loan, the total amount of interest paid on the loan will be reduced by roughly $400.
This offers another tool to fight inflation: a more rapid appreciation in the yuan alongside a modest interest-rate rise could curb imported inflation and cause less harm to domestic demand.
In buying on margin, an investor borrows money from a broker to buy stock, paying a relatively modest interest rate and using the stock as collateral.
As some registered persons would see it, Church made out okay: essentially getting a three-year loan of about $107,000 at a relatively modest interest rate.
Yes, when stocks go up, an investor can double his gains by borrowing from his broker, paying a relatively modest interest rate for the opportunity.
For a relatively modest interest rate, in today's environment at least, you can leverage other people's money into an education that boosts your future income significantly, making the comparatively small amount of interest you pay in the short run well worth it in the long run.
A vast majority of modifications industrywide offer a temporary and modest interest rate reduction, accompanied by an increase in the overall principal owed because of added — and what critics contend are often bogus — fees larded onto the loan in the delinquency period.
