Sentence examples for rate interest from inspiring English sources

Swaps enable banks to exchange fixed-rate interest for variable rate interest over a set period of time.

Federal funds rate, interest rate used for overnight interbank lending in the United States.

Discount rate, also called rediscount rate, or bank rate, interest rate charged by a central bank for loans of reserve funds to commercial banks and other financial intermediaries.

And even though his variable mortgage of about £100,000 carries a very low rate, interest costs are already chewing up a substantial portion of his pay, and he is deeply worried about the future.

After the scandals of PPI mis-selling, the Libor rate interest rate scam and the interest-rate swaps rip-off of small businesses, no change was no option for the bank Bob Diamond led to the dark side, behaving all the while as if the global financial crisis and the enforced socialisation of other banks' losses had never even happened.

It is also common for such loans to have variable rate interest.

Marc Eisenson, a principal of GoodAdvicePress.com, an Internet-based financial newsletter, said a borrower who takes out a $500,000 , 30-year adjustable rate, interest-only loan at a 5percentt initial interest rate would make $125,000 in interest payments over the first five years.

"Our floating-rate interest expenses should get a breather," Mr. Noski said.

And mortgages at or below market-rate interest and with low or zero down payments will also be made available to qualified buyers through several banks.

In a swap, traders and investors agree to exchange fixed-rate and floating-rate interest payments for a set period of time based on a nominal dollar amount.

While the cash rate has fallen to 2%, interest rates for standard credit cards are around 20%, with low-rate interest cards around 13%.