yop, for me it is also strange. but what are the "normal" , walk-in mortage rates these days in US ? around 2-3 % per year ? So having it fixed for 30 years, you pay almost 5 %/ year... bank has to earn....
I wonder then if they expect rates over 5 % in next 10 years -
at all, as fixed rate for 30 years is just 4,85 %.... interesting
Quote:
Originally Posted by directfiesta
It is TRUE ....
I looked at it this morning in the Sun Sentinel: it was like 4.85% FIXED for 30 years, and they have also 20 years and 15 years ....
Strange....
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