While the NIM benefitted from the repricing of variable-rate loans
, this was partially offset by higher rates on non-core interest-bearing deposits and borrowings.
The bill would also allow existing borrowers with high fixed-rate federal loans to refinance into new variable-rate loans
In contrast, the serious delinquency rates reached nearly 22 percent for subprime fixed-rate loans and topped 46 percent for subprime variable-rate loans
In recent years, the Federal Reserve Board has worked to hold interest rates down to unusually low levels, to help banks build profits and reduce pressure on home buyers, corporate buyers and other borrowers who have taken out variable-rate loans
We have a good balance of variable-rate loans
with over 66% of our first-mortgages and 42% of all our loans being variable-rate.
Borrowers with variable-rate loans
before July 2006 could convert to consolidation loans with interest rates as low as 2 percent, Kantrowitz says.
Applied to each of his four loans, this would have amounted to tens of thousands of dollars in extra interest payments had he gone with fixed-rate mortgages instead of the variable-rate loans
6 percent in interest on your variable-rate loans
by applying within six months of your graduation.
They were secured on homes whose prices failed to go up, so there was little or no equity to support a refinancing to help with fast-rising repayments on variable-rate loans
Real estate loans were a little over $8 million, which were nearly evenly divided between fixed and variable-rate loans
There has been a sharp increase in both variable-rate loans
and mortgages without any principal payments for several years.
From the parametric analysis, with the exception of unsecured variable-rate loans
, loan-rate concentration relationships have in common a relatively sharp rise in rates starting at Herfindahl index values greater than 1667 and continuing to the highest observed values of the index.