Sentence examples for for a fixed rate from inspiring English sources
Others were looking to extract cash to pay down more expensive credit card debt, the lenders said, and some were trying to trade in their adjustable-rate mortgages for a fixed rate.
But the banks are guilty on every front". Gary Thomas, 50, a father of three from Palm Springs who works in construction and remodelling interiors, took out an adjustable rate mortgage in 2004, but when the rates from Deutsche Bank went up to 9%, he said he asked "nice and politely for a fixed rate so we wouldn't end up bankrupt".
For these results, the achievable theoretical bound for a fixed rate seems to coincide with the performance of LDPCA.
We opted for a fixed rate because it is impossible to keep track of variable Isa rates at present.
A 5/1 loan, for example, has a fixed rate for five years, then adjusts annually for the remainder of the term; a 7/1 adjusts after seven years.
You'll end up paying a fixed rate for a fixed number of years that's amortized.
For consumers looking for the certainty offered by a fixed rate the lowest is currently offered by OVO Energy, whose New Energy Fixed tariff costs £1,088, fixed for 12 months.
Most homeowners are more comfortable with a mortgage that has a fixed rate for its whole term than with a loan whose rate could rise sharply.
Such agreements mean that customers pay a fixed rate for electricity, and the utilities buy only a small portion of their power on volatile wholesale markets.
BALLOON mortgages bear some resemblance to interest-only mortgages, but there are differences, A balloon mortgage usually has a fixed rate for a period of time, but then requires a repayment in full.
