Would like to know,
Interests rate for new and old property same?
tQ.
Interests Rate New and Old Property, Same??
Interests Rate New and Old Property, Same??
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Jan 29 2010, 09:59 AM, updated 16y ago
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#1
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Junior Member
382 posts Joined: Dec 2005 |
Would like to know,
Interests rate for new and old property same? tQ. |
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Jan 30 2010, 12:55 AM
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#2
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Junior Member
171 posts Joined: Apr 2008 |
May i know which loan do u mean about this ? home ? car ? personal ?
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Jan 30 2010, 11:41 AM
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#3
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VIP
9,137 posts Joined: Jun 2007 From: Wouldn't be around much, pls PM other mods. |
Interest rates varies from the value of properties, the loan margin applied and the credit character of a borrower.
So now, it doesn't explicitly varies from old properties vs new properties. Like for cars, everyone would have a misconception that it is the years of the car that causes interest rate to be high. In actual fact, the age indirectly links to the value of the car and the trustworthiness of the car which effect the high interest rates as it's of higher risk profile. |
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