In the US, 30-year fixed rate mortgages with low prepayment penalties are common, which is not the

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In the US, 30-year fixed rate mortgages with low prepayment penalties are common, which is not the case in many other countries. This is partially due to the US government involvement with firms like Fannie Mae and Freddie Mac.

Why might the private sector not provide this product? Is it a good thing that the government is intervening in the way that it is?

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Posted Date: Feb 14, 2024 03:57 AM

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In the US, 30-year fixed rate mortgages with low prepayment penalties are common, which is not the

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The private sector might not provide 30year fixedrate mortgages with low prepayment penalties due to ... View the full answer

International Marketing And Export Management

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