So taking out a loan against the property at a relatively low interest rate is an option.
There is another wave of resets for option-rate mortgages and there are still many homeowners stuck with homes worth less than the mortgages covering them.
Today borrowers are more likely to be in their early 60s (62 is the minimum age), and they are overwhelmingly (70%) choosing a fixed rate lump sum payment option.
One reason is that, in closely integrated economies, firms and individuals tend to switch between currencies in response to interest-rate differences, an option that will shortly disappear for European countries that adopt the single currency.
ECONOMIST: Remember monetarism? It may be coming back into fashion
This is the simplest of examples, but bear in mind that more exotic mortgage contracts like option adjustable rate mortgages (ARMs) and such can leave the household in a similar situation, facing not only impaired equity but also higher payments.
FirstFed's main product: option adjustable-rate mortgages, those that jump in rates to unaffordable heights following low fixed ones.
As politicians and their allies look for ways to finance tax rate cuts, a surprising option is getting a great deal of attention among conservatives: The tax exemption for municipal bonds.
In addition, he says, if a stock is trading for at least twice the exercise price, it may make sense to sell now to snag the lower rate, even if an option has several years to run.
FORBES: Goolsbee: Execs Rush To Exercise Options Before Tax Rates Rise
The SEC says Mozilo, former chief operating officer David Sambol and ex-chief financial officer Eric Sieracki deliberately misled investors about the nature of Countrywide's business, including the degree to which it had deviated from underwriting mostly prime loans toward riskier subprime and option adjustable-rate mortgages, both of which began to crumble when the housing bubble burst in 2007.
Rates for 15-year fixed-rate mortgages, often a popular option for refinancing a loan, fell to 5.53%, from 5.60%.
The tradeoff here is that you typically give up a bit in the way of stated interest rates in return for the option to raise your rate.
FORBES: CD Strategies: Minimizing Your Risks While Maximizing Your Returns
The option ARM allows borrowers to pay less interest than the formal rate for a limited period (the vast majority of customers choose this option).
The compromise is a fund fed largely by wage-based contributions, but with the option of a flat-rate fee on top.
ECONOMIST: Almost a year on, the wheels seem to be falling off
To keep the form factor small but offer heart rate monitoring for fitness purposes to those who want it, the CORE 2 will give consumers the option to purchase an accessory strap with an embedded heart rate sensor.
ENGADGET: BodyMedia's CORE 2 armband tracks your health, or lack thereof
For a professional caregiver who wants to work more than 40 hours a week at the regular rate (and many do), that option evaporates when overtime pay is required.
And the price of an option to pay or receive a fixed rate of interest in dollars for ten years has been falling sharply of late.
Metal on metal hip resurfacing is considered to be a much better option because it has a lower failure rate and is more cost effective since it does not need to be repeated as often as a total hip replacement.
There are no interest charges for the 3, 6 and 12 months options, a rate of 6.5% for the 18 months option and 8.5% for the 24 months option.
Draghi has proposed actions such as further bond purchases, rate cuts, and a new Long-Term Refinancing Option, which allows the ECB to lend to eurozone banks at very low interest rates.
FORBES: FOCUS: Fed Not Likely To Announce Stimulus At FOMC Meeting; Gold Might Be Pressured
She told MSPs that the "least worst option" was to set a flat-rate fee for RUK (Rest of UK) students across the sector, to prevent them from being seen as a "cash cow" as "potentially they are now".
If the professors were willing to accept the wage rate offered to teach, then they must not have had a better option.
Meanwhile, option traders have initiated pessimistic positions at a rapid-fire rate lately.
Whereas if we were really close to expiration, there is a greater chance of all of the premium being lost on the option that is opposite of the stock price movement as the rate of time decay will increase exponentially.
More people are left only with self-insured as an option and it too will be price at the higher not group rate.
FORBES: Papa John's, Applebee's And Others Pay Huge Price For Anti-Obamacare Politicking
Adding components used in some acid reflux remedies is one option, as these appear to provide a barrier which slows the rate of digestion down.
The monetary authority, says Mr Miller, should sell convertible bonds which, if denominated in Hong Kong dollars, carry an option for the holder to convert into American dollars at the set rate.
"It has been a good option for customers who want to shop across many retailers at one shipping rate, " a spokeswoman said.
If you bought a 10-year bond with a 5% coupon in 2003, your only option as it matures in 2013 may be to accept a much lower coupon rate.
Even under Enron's option plan, in which options fully vested in three years, an unusually quick rate, Skilling wound up holding many Enron shares he couldn't legally sell.
Another real classy charge is the idea that, well, wealthy Americans who feel like paying their fair share, feel like paying taxes at a rate that middle-class Americans do -- if they don't, have the option of doing it themselves by writing a check.
应用推荐