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PACE Loans: Higher Interest Rates without the Typical Risks
PACE Loans

PACE Loans: Higher Interest Rates without the Typical Risks

ByMr. Moneyface

Real estate loans carry extremely low interest rates right now. It is not uncommon to find conforming 30 year fixed rate home loans at rates below 4%.  Bank of America recently listed a Jumbo 5 year ARM at 2.25%.  Development loans for construction, which are riskier than just a plain vanilla home loan, still carry…

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