Newsworthy

OWN vs rent

what does 3.44% mean to you?Whenever I see a rate, unless I have my calculator with me, it doesn’t really mean much, so I had Cindy Bendixen or RBC calculate it and here’s the deal:If you borrowed : $100,000 Interest rate   : 3.44% (5 yr term) Amortization;  35 year Payments:   $408.42 per month (principal and interest)orAmortization:  15 yearsPayments:…

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