Business, 27.07.2021 01:00 tyrique86

Assume a $250,000 mortgage loan with 15-year term. The lender is charging an annual interest rate of 8% and three discount points at origination. Other up-front financing costs paid to other service providers (i. e., not the lender) total $1,000. What is the lender's yield on the loan

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Assume a $250,000 mortgage loan with 15-year term. The lender is charging an annual interest rate of...