You bought a house a year ago for $250,000, borrowing $200,000 at 12% annual, with semi-annual compounding, on a 25-year loan. Interest rates have since come down to 9%. You can refinance your mortgage at this new rate.
https://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.png00developerhttps://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.pngdeveloper2020-08-09 15:09:402020-08-09 15:09:40You bought a house a year ago for $250,000, borrowing $200,000 at 12% annual, with semi-annual compounding, on a 25-year loan. Interest rates have...
