1 Basic Bank Account Number (BBAN) - up to 30 alphanumeric characters that are country-specific.
The Consumer Financial Protection Bureau estimated the typical interest rate for a manufactured home loan in 2012 at 6.79 percent. By contrast, the average 30-year fixed rate on a conventional mortgage that year was 3.6 to 4.2 percent, according to HSH.com, a publisher of loan information.
Letâs look at an example of interest rates and APR: Mortgage Rate X: 4.50%, 4.838% APR Mortgage Rate Y: 4.75%, 4.836% APR . The advertised mortgage rate âXâ is 4.50%, but requires that two mortgage points be paid â it also has $2,000 in additional closing costs, which pushes the APR to 4.838%.