Why does a mortgage typically have a lower interest rate than a car loan?

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Financial Management Core Concepts

ISBN: 978-0133866698

3rd edition

Authors: Raymond M Brooks

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Question Posted: Oct 31, 2017 08:17 AM

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Why does a mortgage typically have a lower interest rate than a car loan?

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A mortgage has a lower interest rate compared to car loan because it ...View the full answer

Financial Management Core Concepts

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