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Her requests for a lower interest rate from her lender went nowhere.
Having a larger deposit could mean they qualify for a lower interest rate on their mortgage.
While you're at it, ask for a lower interest rate, advises Robert Shireman, executive director of the Project on Student Debt.
A company with a strong balance sheet that bought CIT could refinance CIT's debt for a lower interest rate, immediately increasing the profits on CIT's loan portfolio.
In the short run, and perhaps even in the long run, many troubled borrowers will be relieved to qualify for a lower interest rate.
At 71 and 77 years old, respectively, James and Doris Stevenson of Espanola, N.M., have 29 years left on their mortgage, which they recently refinanced for a lower interest rate.
Similar(37)
The idea that the federal government was balancing the budget on the backs of college students was among the motivating factors for setting a lower interest rate.
Private bondholders saw the value of their bonds drop by 53% and took a further loss by exchanging the debt for securities with a lower interest rate.
They are also said to be considering a supposedly voluntary "rollover" of existing bonds for ones with a lower interest rate and a much longer maturity, preserving, at least notionally, the face value of the bond.
An inverted yield curve means that people will accept a lower interest rate for loaning money for a longer term.
Many cards offer a lower interest rate for balance transfers for the first year or so.
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