Assertion: mortgage's interest rate | /r/HasProperty | high
Facets:
value: usually
type: DEGREE
value: to compensate lenders
type: PURPOSE
Source sentences:
text: When interest rates are high relative to the rate on an existing seller's loan, the buyer can consider assuming the seller's mortgage.
text: The interest rate associated with a subprime mortgage is usually high to compensate lenders for taking the risk that the borrower will default on the loan.
text: Lending terms protect buyers, allowing them to back out of a sale agreement if they cannot secure a home loan or if interest rates and fees are too high.
text: Mortgages from these lenders tend to have high interest rates and minimum down payments, though.
text: They became popular during the 1980s, when interest rates were high and homeowners and lenders expected they would ultimately drop.
text: When interest rates are high relative to the rate on an existing seller's loan, the buyer can consider assuming the seller's mortgage.