Some lenders plug in 12 months, requiring you to come up with more cash, and then rebate the difference at year-end. |
Now, a major new worry is the fate of securities based on the receivables of subprime lenders. |
Then again, it has decided against introducing a legal limit on the rates of interest charged by lenders. |
Whatever the reason, some lenders are squirming out of deals to refinance home loans at rates below 6 percent. |
However, mortgage lenders are still offering very tasty fixed and variable rates. |
He is heading towards bankruptcy at a rate of knots, and yet it seems lenders are happy to give him more and more credit. |