| 释义 |
Definition of mortgage rate in English: mortgage ratenoun The rate of interest charged by a mortgage lender. Example sentencesExamples - Paying off your mortgage is an excellent use of any spare cash you have, because you effectively ‘earn’ tax-free interest at your mortgage rate.
- By paying a lump sum off the mortgage, the savings are effectively earning the mortgage rate and there is no tax to pay, as there would be on savings.
- So, when some money goes into your bank account, it actually has the effect of paying off a little bit of your mortgage, immediately saving you interest - at your mortgage rate of interest.
- The lowering of the deposit rate and the mortgage rate will change the market from your scenario to the opposite - fewer people will want to deposit and more will want to borrow.
- Some lenders, such as the Halifax and Nationwide, have two variable rates - a base mortgage rate for new customers and new discount deals, and a slightly higher one linked to some older products.
- Bear in mind that although the deposit rate may go up as well, the gap may widen between the deposit rate and the mortgage rate.
- The mortgage rate changes every time interest rates change or, as in most cases, the overall effect of any interest rate changes is calculated once a year and payments are altered accordingly.
- If you owe £75,000 on your mortgage, you pay interest at your mortgage rate on, guess what, £75,000.
- As we enter a new year, with uncertainty looming in the US economy and industry sources debating the possibility of one more interest rate hike from the European Central Bank, should you consider fixing your mortgage rate?
- Yet the building societies' cartel set its mortgage rate below prevailing interest rates.
- Advice: keep an eye on both your mortgage rate and bank base rate.
- Irish lenders this weekend are loading between 1.5 and 1.6 per cent profit margin on this rate to levy an average mortgage rate of around 4 per cent.
- Top-up rates vary depending on whether the mortgage rate on which it is based is variable or fixed.
- Effectively, this means that you ‘earn’ tax-free interest on your savings at your mortgage rate, which beats taxed savings account hands down!
- Another option is to offset your savings against your mortgage, which means that you pay no tax on the interest you've saved and you effectively earn interest at your mortgage rate.
- Abbey National, the UK's second-largest mortgage lender, gets the wooden spoon, being the only major mortgage lender with a mortgage rate over 6% during 2002.
- Assume a variable interest rate of 4.7 per cent - currently the average mortgage rate in the market.
- Remember that overpayments into your mortgage effectively ‘earn’ interest at your gross mortgage rate.
- You can roll up all your savings into your current account, effectively earning interest at your mortgage rate without paying any tax.
- That would lead to the bank charging a mortgage rate of 6 per cent.
Definition of mortgage rate in US English: mortgage ratenounˈmôrɡij ˌrāt The rate of interest charged by a mortgage lender. Example sentencesExamples - That would lead to the bank charging a mortgage rate of 6 per cent.
- Remember that overpayments into your mortgage effectively ‘earn’ interest at your gross mortgage rate.
- By paying a lump sum off the mortgage, the savings are effectively earning the mortgage rate and there is no tax to pay, as there would be on savings.
- Paying off your mortgage is an excellent use of any spare cash you have, because you effectively ‘earn’ tax-free interest at your mortgage rate.
- Assume a variable interest rate of 4.7 per cent - currently the average mortgage rate in the market.
- The lowering of the deposit rate and the mortgage rate will change the market from your scenario to the opposite - fewer people will want to deposit and more will want to borrow.
- If you owe £75,000 on your mortgage, you pay interest at your mortgage rate on, guess what, £75,000.
- Effectively, this means that you ‘earn’ tax-free interest on your savings at your mortgage rate, which beats taxed savings account hands down!
- So, when some money goes into your bank account, it actually has the effect of paying off a little bit of your mortgage, immediately saving you interest - at your mortgage rate of interest.
- Top-up rates vary depending on whether the mortgage rate on which it is based is variable or fixed.
- Yet the building societies' cartel set its mortgage rate below prevailing interest rates.
- Another option is to offset your savings against your mortgage, which means that you pay no tax on the interest you've saved and you effectively earn interest at your mortgage rate.
- The mortgage rate changes every time interest rates change or, as in most cases, the overall effect of any interest rate changes is calculated once a year and payments are altered accordingly.
- Bear in mind that although the deposit rate may go up as well, the gap may widen between the deposit rate and the mortgage rate.
- Advice: keep an eye on both your mortgage rate and bank base rate.
- Some lenders, such as the Halifax and Nationwide, have two variable rates - a base mortgage rate for new customers and new discount deals, and a slightly higher one linked to some older products.
- Irish lenders this weekend are loading between 1.5 and 1.6 per cent profit margin on this rate to levy an average mortgage rate of around 4 per cent.
- You can roll up all your savings into your current account, effectively earning interest at your mortgage rate without paying any tax.
- Abbey National, the UK's second-largest mortgage lender, gets the wooden spoon, being the only major mortgage lender with a mortgage rate over 6% during 2002.
- As we enter a new year, with uncertainty looming in the US economy and industry sources debating the possibility of one more interest rate hike from the European Central Bank, should you consider fixing your mortgage rate?
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