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Mortgage company lets you pay
Mortgage company lets you pay a point (1% of total amount of loan)to reduce APR from 6.5% to 6.25% on a $400,000
30-yr mortgage
1 answer
asked by
Sejul
738 views
Your Company Took Out A Commercial Mortgage For $8,000,000 To Buy An Office Building. The Mortgage Has An Interest Rate Of 3%
1 answer
201 views
Which of the following financial institutions may an individual visit to get money from a check if they do not have a
1 answer
21 views
Which of the following is an example of direct finance? (1 point)
• A company sells its stocks to investors. An individual
1 answer
76 views
Which of the following is an example of direct finance? (1 point)
An individual applies for a mortgage through a mortgage bank. O
1 answer
54 views
Which of the following is an example of direct finance? (1 point)
A company sells its stocks to investors. An individual deposits
1 answer
57 views
Which of the following is an example of direct finance? (1 point)
An individual applies for a mortgage through a mortgage bank.
1 answer
54 views
Suppose you take out a mortgage for $750000 at 5% interest per year compounded annually. If your mortgage is amortized over 5
1 answer
asked by
Lesedi
167 views
a. Graduated payments result in the borrower paying
A. more at the beginning of the mortgage. B. less at the beginning of the
3 answers
asked by
Amy
2,257 views
which type of loan features lower interest rates for a short duration, then changes when current rate averages?
A. Point based
1 answer
asked by
unit
76 views