Shaun's name origin is Hebrew, and the name Shaun means God is gracious. Shaun is an alternate spelling of John (Hebrew). Shaun is also a form of Sean (Irish, Hebrew).
Evaluation of higher interest rates. 1  Higher interest rates affect people in different ways. The effect of higher interest rates does not affect each consumer equally. 2  Time lags. The effect of rising interest rates can often take up to 18 months to have an effect. 3  It depends upon other variables in the economy.
A 30-year, interest-only, fixed rate mortgage will set the interest rate over the term of the loan but allow for interest-only payments for the first 10 years. After the 10-year period, the loan becomes fully amortized and will need to be paid off in the next 20 years, causing many to refinance.