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I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or am I limited to a home equity loan. I’m not interested in HELOC’s.
Based on what you have read in the textbook, heard on the news, researched on the internet or read in various publications, how much influence does the Fed have over long term mortgage rates? If yes, why and how and if no, why not and what does influence mortgage rates. Cite your sources.
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All reasearch I’ve done via internet and Turkish estate agencies quote really high annual mortgage rates for sterling, more so than Euros. Would it make more sense to buy in Euro? My salary and savings are all in sterling.
