0
Is car yard finance higher or lower than normal home loan rates?
Wiki User
∙ 10y ago
Interest is much higher.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
How much interest would you pay if you take out a bad credit finance type loan?
Bad credit finance is at a higher interest rate upwards of 15%, sometimes closer to 30%. Lower rates are hard to find with bad credit.
What do home equity loan rates do?
Home equity loan rates are second or third mortgage. The loan rates are based on loan risk. The bank sets higher rates for higher risk borrowers and lower rates for lower risk borrowers.
What types of home finance does Chase offer?
Chase offers several types of home finance options, the most popular of which are mortgage financing rates and mortgage refinancing rates. Home refinance rates are usually higher.
How do finance companies make a profit?
The finance companies give loans for interest at higher rates, they also lend money from banks and others for cheaper rates, if necessary. The difference of interest between these two is their profit.
Can you re-finance your reverse mortgage?
yes, you can refinance it to a regular mortgage, or if interest rates are lower you can streamline it to a new reverse mortgage.
How much interest would you pay if you take out a bad credit finance type loan?
Bad credit finance is at a higher interest rate upwards of 15%, sometimes closer to 30%. Lower rates are hard to find with bad credit.
What do home equity loan rates do?
Home equity loan rates are second or third mortgage. The loan rates are based on loan risk. The bank sets higher rates for higher risk borrowers and lower rates for lower risk borrowers.
What types of home finance does Chase offer?
Chase offers several types of home finance options, the most popular of which are mortgage financing rates and mortgage refinancing rates. Home refinance rates are usually higher.
Are interest rates on long term bonds usually lower or higher than interest rates on short term bonds?
Higher
How do the rates of Smart Car Insurance compare to the rates of insurance for other cars?
The insurance rates of Smart Cars themselves might be a little higher or lower than the rates compared to normal cars. However the demographic of people who buy smart cars tend to be people from low-risk driving populations which allows them to have lower insurance costs.
How do finance companies make a profit?
The finance companies give loans for interest at higher rates, they also lend money from banks and others for cheaper rates, if necessary. The difference of interest between these two is their profit.
What is the Normal pulse for an adult?
The normal pulse rate for an adult is 60 to 100 beats per minute. In general, people that are physically fit have lower resting pulse rates, while people that are less physically fit tend to have a bit higher resting pulse rates.
Why are corporate tax rates higher than individual tax rates?
Corporate tax rates tend to be lower than individual tax rates.
How are interest rates being affected in the auto industry?
Higher interest rates mean that the demand for cars have increased, due to an increase in consumer demand. Lower interest rates mean that there is a lower demand and the FOMC is lowering the rates to increase consumer demand. Lower rates, however could also increase the demand for cars. This is why the Feds have to higher the interest rates, to ensure that the supply and demand are at an equilibrium point.
What sort of finance options are there for a classic car?
There are a couple of finance options similar to regular car financing. The only difference is that interest rates for classic cars are higher.
How can I finance auto with lower interest rates?
To finance an auto with low interest, you must have a good credit score. If you do not have a good credit score, there are always options of individuals co-signing with you, and specials on interest rates at certain times of the year.
Can inflation lead to lower interest rates and higher stock prices?
False
