\n<\/p>\n

<\/p>\n

Find 5 different online mortgage lenders, such as this one<\/u><\/a>. <\/li>\n

From these 5 lenders, find the following rates, assuming the mortgage payments are made monthly:\n

10-year (if available) for fixed-rate mortgage <\/li>\n
15-year (if available) for fixed-rate mortgage <\/li>\n
30-year for fixed-rate mortgage <\/li>\n<\/ul>\n<\/li>\n
Convert these rates into effective annual rates (EARs). <\/li>\n
Discuss which rate is actually the cheapest rate.\n
- What are 2 things about the sample Web site given above that could be applicable to a consumer or investor? <\/li>\n
- Present the rates in a table. List the quoted rate and EAR rate, the lender, and the maturity of the loan. Show your work for each calculation. <\/li>\n
- What is 1 mistake people make when calculating their mortgage payments? Explain your answer. <\/li>\n
- Based solely on the EAR, which rate is the cheapest? Does this make sense? <\/li>\n
- Why do the different lenders have different rates? <\/li>\n
- Is the difference in rates going to make a huge impact on the cost to the homebuyer? Explain your answer. <\/li>\n<\/ul>\n<\/li>\n
  Deliverable Length: 800\u20131,000 words<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
  Find 5 different online mortgage lenders, such as this one. From these 5 lenders, find the following rates, assuming the mortgage payments are made monthly: 10-year (if available) for fixed-rate mortgage 15-year (if available) for fixed-rate mortgage 30-year for fixed-rate mortgage Convert these rates into effective annual rates (EARs). Discuss which rate is actually the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/172115"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=172115"}],"version-history":[{"count":1,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/172115\/revisions"}],"predecessor-version":[{"id":173227,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/172115\/revisions\/173227"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=172115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=172115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=172115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}