Your English writing platform
Discover LudwigSuggestions(1)
Exact(9)
He says: "I was on a lifetime tracker with Woolwich at 2.89% but I started thinking that rates might go up and we wanted the security of a fixed rate.
The "standard variable rate", however, the rate people move on to after the end of a fixed rate deal, is likely to remain static at most banks and building societies.
The lender has introduced a new "drop-lock" facility for all its new Woolwich mortgage customers, offering them a halfway house between an attractive variable rate and the certainty of a fixed rate.
The area is conservative and much of the positive reaction to the announcement has come less because the citizens are desperate to help the planet than because they are getting the security of a fixed rate plan that will be similar to the current cost of about 9.6 cents per kilowatt-hour and will protect them against the impact of fluctuations in the price of fossil fuels.
Financially literate individuals are also more likely to choose an Adjustable Rate Mortgage (ARM), suggesting they avoid paying the term premium of a fixed rate mortgage.
Despite these studies that investigate long-term fairness of a fixed rate CSMA system, there are not many studies that deal with the short-term fairness problem.
Similar(51)
Fitch reported that interest-only products represented roughly 40.0% of 2006 and 2007 Alt-A fixed rate mortgages issued, up fivefold from 2005.
and that would reduce the price of bonds, which pay a fixed rate of return.
Preferred shares are a certain class of shares where people get a fixed rate of interest back on the money they invested in the company.
Preference shares pay a fixed rate of interest instead of a dividend, which has to be paid before other shareholders receive anything.
Coupled with the global decline in oil prices and a costly pipeline deal with Sudan that allows its northern neighbour to charge South Sudan a fixed rate of $25 a barrel, the bulk of government revenues – and the country's sole source of foreign exchange – has been virtually wiped out.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com