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Private Mortgage Rates
Joe Said:
what is the interest rate for newly approved mortgage(private home)?We Answered:
As on 1 Feb 2006....the mortgage rate is ..30 yr fixed mtg 5.76%
15 yr fixed mtg 5.35%
5/1 ARM 5.29%
30 yr fixed jumbo mtg 6.00%
5/1 jumbo ARM 5.47%
You can also find as per your area.
Annie Said:
Does anyone need a private mortgage?We Answered:
I don't think anyone will want to do business with a person who violates the guidelines of Answers by posting an ad here.Chris Said:
What is the lowest legal rate a private party can finance a mortgage for?We Answered:
uhhh, 0%. he could charge you negative interest or just buy you the houseJames Said:
Would you expect a private consumer loan to have a higher or lower interest rate?We Answered:
C. Consumer loan is unsecured and risk factor is greater so interest rate is higher