0
Short-term interest rates show the cost of borrowing money for how long?
Wiki User
∙ 8y ago
for a few days or months
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
When we talk of interest rates are these the borrowing rates or the lending rates?
When we talk of interest rates , we are talking of the interest rate on the total amount of money borrowed by a person.
What are the interest rates on credit card?
Interest Rates on credit cards, comes from banks or credit union that provides to the consumer borrowed money, this over a period of time that the money is borrowed. When the consumer has not paid back the borrowed money in the time that was agreed, then occur a calculation of the interest base on the credit of the consumer ( or card holder) and this represent the bankers profit. Interest rates can vary from 7 to 35%. This Interest Rate is an annually basis or APR and this fee is for the privilege of borrowing money
How has the current housing crisis affected mortgage rate?
Mortgage rates or the interest rates for home loans are affected by a variety of factors. More often than not, they are influenced by supply and demand. A strong economy results in more borrowing which in turn results in higher interest rates. Conversely, with the softening of an economy, borrowing goes down and so does interest rates. The Federal Reserve can also influence interest rates through raising or lowering the discount rate which is the interest rate banks are charged when they borrow money from the Federal Reserve. Read more http://www.housingnewslive.com/mortgage-rates.php
Why do higher interest rates mean higher borrowing cost?
Higher interest rate means that bank has to pay more to borrow money to fund loans. Bank pass the cost of borrow in the form of higher interest rates to consumers and business loans.thus the increase in higher interest rates increases the cost of borrow which consumers and business enterprises has to pay to get a loan.
What are the current interest rates at Check N Go?
Keeping up with competitor rates, Check N Go now offers it's interest rate at a 22.8% APR. You'd be better off just borrowing money from a friend or just hold off on paying for that bill or repair until you actually have money.
When we talk of interest rates are these the borrowing rates or the lending rates?
When we talk of interest rates , we are talking of the interest rate on the total amount of money borrowed by a person.
Why do real estate prices tend to increase when interest rates fall?
Because with lower interest rates, the cost of borrowing money is less.
What is the money rate?
There is no single "money rate". There are rates of exchange between the currencies of most countries. These are dynamic rates and change continuously. You can find reasonably up-to-date rates from various currency exchange rate websites.Then there are interest rates for borrowing and lending. Interest rates for borrowing will depend on what you are borrowing for, how long you are borrowing for and your credit-worthiness. The rate of interest that you might get for saving depends on the amount and the period.All these rates depend on the state of the economy and the expected development in the economy over the period in question.
Who has the authority to lower or raise interest rates to discourage or encourage the borrowing and spending money?
Federal Reserve
Who has the authority to lower or raise interest rates to discourage or encourage the borrowing and spending of money?
Federal Reserve
If a government wanted to expand its capital resources it could?
lower interest rates to make borrowing money easier.
How does congress go about regulating the value of money?
(a VERY simplified answer) By regulating the supply of money in circulation and the interest rates for borrowing from the US Treasury.
How Interest Rates can Affect a company?
interest rates reflect the funding cost. for the the company the higher the rates the higher the borrowing cost.
Which best describes the economic effect that results when the government increases interest rates?
Borrowing money becomes more expensive and there is less investment in production.
Why do banks want interest rates to remain low?
With low interest rates the prices of bank borrowing (you borrow money to a bank) is low, therefore they can re-borrow money to others at lower costs and this leads to either A) more people borrowing if price is low or B) more profit for banks if price is high. In both cases, banks win.
What best describes the economic effect that results when the government increase interest rates and restricts the lending of money?
Borrowing money becomes more expensive and there is less investment in production.
What are the interest rates on credit card?
Interest Rates on credit cards, comes from banks or credit union that provides to the consumer borrowed money, this over a period of time that the money is borrowed. When the consumer has not paid back the borrowed money in the time that was agreed, then occur a calculation of the interest base on the credit of the consumer ( or card holder) and this represent the bankers profit. Interest rates can vary from 7 to 35%. This Interest Rate is an annually basis or APR and this fee is for the privilege of borrowing money
