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Does mortgage have a variable rate

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Reference no: EM132811830

-Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? What would be the advantage to the borrower?

-Why do people sometimes use credit to pay for items instead of just using cash?

-Does mortgage have a variable rate, fixed rate, or both?

-Does a personal loan (from a bank) have a variable rate, fixed rate, or both?

-Does a small business loan (from a bank) have a variable rate, fixed rate, or both?

Reference no: EM132811830

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