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America bailed out the banks, how about low cost fixed rate loans?
4 Answers
- Anonymous9 years agoFavorite Answer
Banks help the economy work, both by handling the payments and by letting people invest money into things that will earn more money than was put into it.
Since you cannot get a low-rate loan, you must earn less money than you spend, so what is the point of supporting you?
- 9 years ago
I'm not entirely sure I know what you're asking, but with the way interest rates are right now, you'll probably never be able to get a better rate on a mortgage, or car loan for that matter. Rates for home loans are in the 4% neighborhood, so if you're not a deadbeat they won't be getting any lower cost than that. I'm not sure I understand your question.
Source(s): Looking into buying first home. - Anonymous9 years ago
Sorry,you are not too big to fail.Your loan is piece of cake that you can do it yourself.