Words similar to subprime
Example sentences for: subprime
How can you use “subprime” in a sentence? Here are some example sentences to help you improve your vocabulary:
Using federal home loan data, The Post reported last year that black homeowners in Denver were 31/2 times as likely as white homeowners to borrow from subprime lenders, and Hispanics 21/2 times as likely.
The data also showed that black homeowners earning more than $70,000 a year were more likely to get subprime loans than white homeowners earning less than $30,000 a year, a pattern that reflected national trends.
In the subprime loan market, people pay interest rates of more than 20 percent and risk their houses to get access to capital.
But the series of subprime loans that took them down what he calls "the slippery slope" date to 1998, when he was 82.
They refinanced in August 1998 with Advanta, a subprime lender that charged 10 percent interest.
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