New Century made money by keeping the difference between the higher interest rates paid by subprime borrowers and the lower rates offered to the banks.
The rates offered at hotels are only marginally better.
Lenders in general often appeared to be financing the tempting rates offered to first-time buyers at the expense of existing borrowers.
Lower rates will eventually offer some encouragement to borrowers.
For customers in the most densely populated neighborhoods, the wholesale rate offers a 17 percent discount.
It was one of two proposals to lower the rates offered today by candidates for the Democratic gubernatorial nomination.
Turning from the herd in disgust, we went back to our own, thankful that the rate offered us had been prohibitory.
And so, he said, investors should be considering the opportunities rates are offering.
Delphi costs $4.80 to $17.40 an hour, with a fixed rate of $9.95 a month offered in some cities.
He added the the bonds in question were all paying the interest rates offered to investors.