Who determines the interest rate to charge for each mortgage? Mortgage interest rates are determined by lenders based on three criteria, 1. The size of the loan. 2. The risk associated with the loan. 3. The current government interest rates.
Who determines the interest rate to charge for each mortgage? Mortgage interest rates are determined by lenders based on three criteria, 1. The size of the loan. 2. The risk associated with the loan. 3. The current government interest rates.
