Question
Search the internet forstandard variable rate mortgagesand select two offerings (from different lenders). You can assume that you will be borrowing as a homeowner, not
Search the internet forstandard variable rate mortgagesand select two offerings (from different lenders). You can assume that you will be borrowing as a homeowner, not an investor.Do not choose a loan with a low introductory rate for this exercise (they are harder to compare).You're not necessarily looking for the cheapest loan; the idea is to make sure you can find a real loan offer and extract the relevant data. For each loan you've selected you should submit BOTH a screenshot of the rate from the website of the lending institution (not from a comparison site), and a pdf downloaded from the institution's website detailing the fees charged on standard home loans.
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