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Much lower interest rates have also helped.
The measure would have enabled people with older loans to adopt much lower interest rates.
As a result, England was much more successful at wartime borrowing, and paid much lower interest rates.
It was a monetary ratchet, in which each cycle ended with much higher debt and much lower interest rates.
Thailand's previous fixed exchange-rate regime encouraged borrowing in dollars at much lower interest rates than borrowing baht.
On Tuesday, the Spanish Treasury sold 3.6 billion euros of bills at much lower interest rates than a month ago.
Similar(10)
And now the silent second is also preventing affordable-housing buyers from refinancing their mortgages at today's much-lower interest rates, though personal budgets are getting leaner, building association fees are going up and the City Council is raising utility rates.
Secondly, the large increase in the domestic money supply will lower domestic interest rates, often they will become much lower than interest rates in countries not practising quantitative easing.
Both could raise their inflation targets, making much lower real interest rates possible.All true.
"I really should have gone with an adjustable then," he said, noting that adjustables had much lower initial interest rates and would have tracked this year's steep rate decrease.
Economic conditions in Britain diverge widely from continental Europe: Its unemployment rate is much lower while interest rates are higher; it is growing while the largest euro economy, Germany, is stagnant or shrinking; and its housing market is much more volatile and prone to booms and busts.
More suggestions(16)
much lower detection
much lower operating
much lower quality
much lower exposure
much lower volume
much lower toxicity
much lower temperature
much lower sequence
much lower activation
much lower carbon
much lower efficacy
much lower performance
much lower coverage
much lower variance
much lower baseline
much lower radiation
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