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17 September, 07:57

A lender offers home loans with interest? True or false

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  1. 17 September, 08:04
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    the answer is true

    Step-by-step explanation:

    why it true When the lender sells your mortgage, the lender gets the money back immediately, at a profit ... It's these investors in the secondary market who collectively determine the interest rate of your mortgage loan. Your lender offers you an interest rate that investors on the secondary market are willing to buy.
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