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chow
Joined: 22 Jan 2005
Posts: 2350
Location: Cornfield County, Indiana
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| Posted: Thu Dec 28, 2006 10:38 am Post subject: |
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| "RATES" don't matter much if the loan isn't a product that you can qualify for or need. |
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chow
Joined: 22 Jan 2005
Posts: 2350
Location: Cornfield County, Indiana
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| Posted: Thu Dec 28, 2006 11:19 am Post subject: |
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Different types of loans have different rates. Within each types of loan, the higher the risk factors the higher the rate will be.
You asked if those are good rates. What are the factors that those rates would apply for? A loan for 80% loan to value at 5% over 30 years is not great if the guy down the street can give you a loan for 100% loan to value, at 5% over 30 years.
If you are trying to study rates, then you need to compare apples to apples.
and don't forget the APR. (that is really what you need to see the bottom line of) |
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Haplo
Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL
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| Posted: Thu Jan 04, 2007 4:55 am Post subject: |
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Chow you've gotta get better at spotting these :P
Showing the interest rate section from the page you link in your profile and pretending you're somehow not affiliated, that's nothing new.
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