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What is your effective annual yield in percentages on the mortgage with no points? Info copied below You have just bought a new house for
What is your effective annual yield in percentages on the mortgage with no points? Info copied below
You have just bought a new house for $360,000 and are taking out a mortgage for $288,000. Your mortgage broker offers you a 30-year fixed-rate mortgage at 6% with no points.
U D Question 4 2 pts What is your effective annual yield in percentages on the mortgage with no points? Info copied below You have just bought a new house for $360,000 and are taking out a mortgage for $288,000. Your mortgage broker offers you a 30-year fixed-rate mortgage at 6% with no pointsStep by Step Solution
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