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Author Question: When borrowing money from a ban for a home mortgage, 30 year interest rates are generally (Read 180 times)

pragya sharda

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When borrowing money from a ban for a home mortgage, 30 year interest rates are generally


◦ the same as 15 year and 20 year rates.
◦ between .5% and 1% lower than 15 year rates.
◦ between .5% and 1% higher than 15 year rates.
◦ The term of the mortgage has no bearing on rates; only the borrower's credit rating matters.


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Marked as best answer by pragya sharda on Apr 13, 2019

nital

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nital

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