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The phrase "rate lower" is grammatically correct and can be used in written English.
It means to lower or reduce the rate or amount of something. Here is an example: "The bank decided to rate lower on the interest rates for their loans in order to attract more customers."
Exact(57)
"The hotel erred in quoting a rate lower than $795".
"We could have brought down the unemployment rate lower, faster.
If policy makers push the jobless rate lower, the argument is that inflation will inevitably accelerate.
November was the second consecutive month in which the industry had an annual sales rate lower than 11 million.
"It's going to make the unemployment rate lower than it otherwise would be," he said.
Furthermore, they say, the hospital is reimbursed for its Medicaid outpatient visits at a rate lower than that of some comparable hospitals and even some community clinics.
A $2.5 billion increase in loans sampled and the sale of $84 million of distressed loans in the quarter also helped to send the delinquency rate lower.
Winning bids were awarded at a 4.65percentt interest rate, lower than the Fed's so-called discount rate, which normally regulates borrowing from the central bank.
"There are definitely incentives for banks to push the rate lower," said Sean Maloney, a bond analyst at Nomura in London.
"There are definitely incentives for banks to push the rate lower," Sean Maloney, a bond analyst at Nomura in London, told The Times.
A cut of 1.5 points would take the rate lower than it has been since the Bank was formed in 1694.
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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