Writing Effective Essays
Shorter-term mortgages have lower rates of interest than longer-term mortgages. Why? Because the lender is giving up liquidity for a shorter period of time. Table I. Sample Mortgage Information for “Conventional” Mortgages.Wells Fargo (Wachovia) Loan and APR Information for Fixed-Rate Loans (as of 02/07/2010 09:00 AM Eastern) 30-Year Fixed ................
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