Due to the ever - changing
nature of mortgage interest rates, it is almost impossible to keep a web site current.
Not exact matches
For example, you can choose the number
of years in your loan (i.e. term); you can choose the
nature of your
interest rate (i.e. fixed - rate or adjustable - rate); and, you can even choose what you pay in
mortgage closing costs.
Because
of the unpredictable
nature of ARMs compared to a fixed - rate
mortgage, you should prepare for a higher
interest rate in the future.
Speaking at the 21 st National Banking Conference, organized by the Charted Institute
of Bankers, in Accra on Tuesday November 28, 2017, Vice President Bawumia explained that Ghana has one
of the highest
mortgage - to - income ratios in the world and high
interest rates because
of the largely informal
nature of her economy, and the reforms being undertaken by the Nana Akufo - Addo government are meant to address this challenge.
Because
of the riskier
nature of construction loans, their
interest rates usually run slightly higher than those for a standard
mortgage.
For example, you can choose the number
of years in your loan (i.e. term); you can choose the
nature of your
interest rate (i.e. fixed - rate or adjustable - rate); and, you can even choose what you pay in
mortgage closing costs.