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RE: Bounty: how do mortgage rates work?
other countries still make 3-4% extra compared to thr saving rate. In US, rates are so low that operating margin seems higher in % but not in $ amount.
other countries still make 3-4% extra compared to thr saving rate. In US, rates are so low that operating margin seems higher in % but not in $ amount.
I don't think this is accurate. I think US is one of the highest interest rates of all the western countries .
But I am not here to argue about that. Just wan't to understand how these rates come about.