|
Title: Variable-rate loans usually carry lower initial interest rates than fixed-rate loans because the Post by: Eieio on Sep 4, 2023 Variable-rate loans usually carry lower initial interest rates than fixed-rate loans because the
▸ borrower does not have the option of early payment of the loan. ▸ lender does not have the option of raising the rate. ▸ lender has the option of raising the rate later. ▸ borrower may not receive a lower rate in the future. Title: Re: Variable-rate loans usually carry lower initial interest rates than fixed-rate loans because the Post by: crwille78 on Sep 4, 2023 Content hidden
|