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For example, a $300,000 30 year mortgage with an interest rate of 6.5% could be split into 300 1000-dollar bonds. These bonds would have a 30-year amortization, and an interest rate of 6.00% for example (with the remaining 0.50% going to the servicing company to send out the monthly bills and perform servicing work).
The average rate on the 30-year mortgage dropped to 6.95% from 7.03% the week before, according to Freddie Mac. Mortgage rates fall below 7% for the first time in months with experts believing ...
Cannabis abuse or dependence reported a lifetime prevalence of 6.8% and a 12-month prevalence of 3.2%. [196] Other drug abuse or dependence has a lifetime prevalence of 4.0% and a 12-month prevalence of 0.7%. [196] Substance use disorder is a term used interchangeably with a drug addiction. [197]
The mid to late century were hard times, as the Bronx changed during 1950–1985 from a predominantly moderate-income to a predominantly lower-income area with high rates of violent crime and poverty in some areas. The Bronx has experienced an economic and developmental resurgence starting in the late 1980s that continues into today. [52]
With its average annual GDP growth rate of 5.8% over the past two decades, and reaching 6.1% during 2011–2012, [302] India is one of the world's fastest-growing economies. [303] However, due to its low GDP per capita—which ranks 136th in the world in nominal per capita income and 125th in per capita income adjusted for purchasing power ...
Nationwide, the October 2008 unemployment rate for African Americans was 11.1%, [166] while the nationwide rate was 6.5%. [167] In 2007, the average income for African Americans was approximately $34,000, compared to $55,000 for Whites. [168] African Americans experience a higher rate of unemployment than the general population. [169]
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