Attn: Lender gurus quick apr ? - Posted by dknj23

import · September 5, 2003, 11:32am

Posted by matt johnson on September 05, 2003 at 15:51:36:

here it is. check it out. the FULL explanation

import · September 5, 2003, 11:32am

Posted by dknj23 on September 05, 2003 at 11:32:01:

HI,
Can someone tell me why the apr is always lower than the stated interest rate in an arm? example apr 4.05% rate 4.38%

Thanks