Buying electricity for your business is like shopping at Costco. In exchange for your purchase of a giant tub of peanut butter, you get a discounted price per unit. In places you can choose your electricity provider, the same concept applies to buying electricity for a business or commercial property. Since businesses presumably use more… Continue reading Electric Rate Shopping for Your Business: Buy in Bulk and Pay Less
Tag: Rate
How to Use the Rate of Change Formula in Math and Physics
To calculate the rate of change, you divide the change in one quantity by the corresponding amount of change in another quantity. Change is represented as the Greek letter delta (Δ), so the basic formula for rate of change is: Exactly how you calculate Δy and Δx will depend on the application. Slope In algebra,… Continue reading How to Use the Rate of Change Formula in Math and Physics
Current Mortgage Rates for Aug. 25, 2023: An Important Rate Eases
Mortgage rates over the last seven days followed a split path, but an important rate dropped. Average 15-year fixed mortgage rates inched upward, while average 30-year fixed mortgage rates receded slightly. For variable rates, the 5/1 adjustable-rate mortgage notched higher. As inflation surged in 2022, so too did mortgage rates. To rein in price growth,… Continue reading Current Mortgage Rates for Aug. 25, 2023: An Important Rate Eases
Mortgage Refinance Rates for Aug. 25, 2023: A Key Rate Moves Higher
The average rate nationwide for a 15-year fixed refinance tailed off this week, while 30-year fixed-rate refinances saw an increase. The average rate on 10-year fixed refinances slumped. At the start of the pandemic, refinance rates hit a historic low. But in early 2022, the Federal Reserve began hiking interest rates in an effort to… Continue reading Mortgage Refinance Rates for Aug. 25, 2023: A Key Rate Moves Higher
Here Are Today’s Refinance Rates, Aug. 24, 2023: Benchmark Rate Increases
Over the past week, the average interest rate for a 30-year fixed refinance increased. Meanwhile, the 15-year fixed refinance saw its average rate remain unchanged, but the average rates for 10-year fixed refinances decreased. At the start of the pandemic, refinance rates hit a historic low. Then in early 2022, the Federal Reserve began hiking… Continue reading Here Are Today’s Refinance Rates, Aug. 24, 2023: Benchmark Rate Increases
Refinance Rates for Aug. 9, 2023: Rate Drops
The mean rate for a 15-year fixed-rate refinance moved higher over the past seven days, while 30-year fixed refinance rates declined. The average rates for 10-year fixed refinances saw an increase. At the start of the pandemic, refinance rates hit a historic low. But in early 2022, the Federal Reserve began hiking interest rates in… Continue reading Refinance Rates for Aug. 9, 2023: Rate Drops