capped rate

But if interest rates fall below the capped rate, your rate will decrease with them.

In some cases they have capped rates informally, refusing to clear requested increases.

"As the wholesale rate for electric power goes above the capped rates, it basically freezes out competition."

Capped rate are often offered over periods similar to fixed rates, e.g. 2, 3, 4 or 5 years.

The borrower benefits from reduced margins to the underlying cost of borrowing compared to fixed or capped rate mortgages.

Drug treatments are nominally charged - as in the UK - subject to a capped rate of around £150 per year.

The law, which officially ended electricity regulation in August 1999, capped rates for four years and gave consumers automatic rate reductions of at least 10 percent.

The capped rates that do not cover cost or the rates that exceed the cap but cover costs?

"Deregulation has capped rates for the last several years and that has certainly benefited consumers," Mr. Seneca said.

If patients register, they can also qualify for a capped rate of around £70 a year for GP and hospital healthcare.

A capped rate; where similar to a fixed rate, the interest rate cannot rise above the cap but can vary beneath the cap.

Once that time was over, customers could shop for a different supplier and POLR rates would change from the capped rate to the market rate.

But under the more expensive program, banks lend money to students at a capped rate, with the federal government covering the difference between the capped and market interest rates.

And, of course, you can make sure you avoid all the highs and lows of variable interest rates by opting for a fixed or capped rate loan.

The risk to borrower being that a financial situation causing the Federal Reserve to raise rates dramatically (see 1980, 2006) would effect an immediate rise in obligation to the borrower, up to the capped rate.

My year is the final crop of young adults to get the subsidised rate of £3,375 per annum, and we will enjoy this capped rate until we all graduate - or drop out after one term.

Taking all such extraneous factors into account, Ms Blackman says her recommendation to first-time buyers is to look for capped rates, noting the five-year cap at 10.65% offered by the Leeds Permanent (0532 438181).

In a leaked email, Parliamentary official Cliff Harris reportedly stated "it's quite alarming when you see that Lynne Featherstone spent over £22,000 in one month, the equivalent to three years of the new capped rate".

The shortfall is larger in Franklin Township because of the demographics being extensively residential, while the tax burden with the aforementioned property tax caps has shifted more to farms and businesses which now have a capped rate of 2% and 3% respectively.