Consider the following choices available to a mortgage borrower: .......................................................
Posted: Sun Jul 03, 2022 12:52 pm
Consider the following choices available to a mortgage borrower:..............................................................Loan Interest Type of DiscountAmount Rate Mortgage Point..............................................................$100,000 6.75% 30 yr fixed none$150,000 6.25% 30 yr fixed 1$125000 6.0% 30 yr fixed 2
What is the effective annual rate for each choice?
What is the effective annual rate for each choice?