Question
Inflation is currently at 1.76% annualized. The 30-year mortgage rate is 3.657%. What is the approximate real rate of interest for the 30-year mortgage? Round
Inflation is currently at 1.76% annualized. The 30-year mortgage rate is 3.657%. What is the approximate real rate of interest for the 30-year mortgage? Round your answer to the nearest basis point.
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Cost Of Capital Applications And Examples
Authors: Shannon P. Pratt, Roger J. Grabowski, Richard A. Brealey
5th Edition
1118555805, 9781118555804
