loan rates
Mortgage interest percentages
Loan rates are the interest rates charged by lenders on borrowed money—what it costs to borrow.
The term appears in discussions of mortgages, auto loans, student loans, and business financing: Loan rates are expected to rise next quarter.
Higher loan rates make borrowing more expensive; lower rates encourage it.
The phrase often appears in plural because rates vary by loan type, lender, and borrower creditworthiness.
- interestAttention, stake, or fee
- mortgageSecured home loan
- APRYearly borrowing cost
- borrowingTemporary taking of another's
- lenderOne who loans money
bank · refinance · percentage · credit · credit score · debt · monthly · payment · fixed · variable · prime · approval · finance · terms · amortization · principal · collateral · underwriting
- bankingbank, banks, ATM, ATMs, account
- financial biasredlining, credit denial, fair lending, credit access, predatory lending
- interest ratesinterest, interest charge, interest income, interest payments, compound interest
- real estatehouse, home, apartment, property, sale
- banking costsbank fees, bank charges, service fees, service charges, overdraft fees
- economic dataGDP, CPI, PPI, employment data, employment figures