| Recent Blog Posts by Pat Maher | ||
New interest rates boost interest.The Federal buying up Fannie Mae and Ginny Mac bonds has pushed interest rates below 5% for some borrowers. For simple calculation at 4.70% $1,000 dollars borrowed equals a $5.00 monthly payment for principle and interest. So a $200,000 loan would have PI of $1,000.00
Posted by
Pat Maher
@ 12:17 PM
on 03/27/2009
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