3 ms·
They charge fees to issue mortgages. The 0% rate is not actually 0%. It's probably more like 0.25-1% and the bank is making up the difference through the fees
by treis 6y ago
They charge fees to issue mortgages. The 0% rate is not actually 0%. It's probably more like 0.25-1% and the bank is making up the difference through the fees.