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:
They refinanced in August 1998 with Advanta, a subprime lender that charged 10 percent interest.
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.
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 federal government now tracks 188 companies specializing in subprime loans that broaden access to home mortgages, but at a price that typically includes higher interest rates and fees, and other costly requirements.