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Originally Posted by AzX5
Why would he advertise the value of his home? His loan amount is most likely 80% (or more) of the purchase price, and is not something you should be sharing on the internet, IMO. Who cares what his interest rate is? That's why he wants to refinance because he knows he's getting screwed on interest... |
Oh, I don't know... maybe because the interest rate a person is charged by a financial institution, whether good or bad, tells alot about the borrower. Again, frankly, its no one's business, and I find it to be very personal, IMHO. Would you want everyone to know that you are being charged 17% interest to finance your X5 because you have poor credit? Oops!