some noob questions

>>1882129
Google.com
4chan discords are a meme stop it

>how do interest rates affect mortgage?
The higher the interest rate, the more expensive the mortgage.
>what advantages you get from high credit score?
More likely to be able to get credit and have lower interest rates.
>why do your employers have to make payment into your pension fund?
Laws regulating how pension funds operate.
>how does tax return works (in short if you want)
You list your income, various expenses, and do some calculations.
>what is a "good" amount of interest to pay when owning a credit card?
Zero. You should pay off your credit card balance every month.
>what is /biz/ discord?
Are you familiar with the discord app?

>>1882144
thanks for the help but you didn't answer any of my questions

>>1882151
Then your questions were poorly worded.

>>1882159
>The higher the interest rate, the more expensive the mortgage.
really makes my noggin joggin

>>1882164
For example, a $100,000 30 year fixed mortgage at 5% will end up costing $193,256. A $100,000 30 year fixed mortgage at 10% will end up costing $315,926.

>>1882174
i know but im asking how does the fed interest rates correlate with housing prices family

>>1882179
A higher fed interest rate will lead to higher mortgage interest rates.

>>1882184
holy shit this place is a joke, are you really working at finance firm?

when the intrest rates are high the bank pays interests to people who put their money in the bank. but the interest rates are low people pull their money and invest in assets like real-estate

>>1882194
You are either a troll or incapable of expressing your thoughts in a coherent manner. You keep changing what you are talking about.

>>1882199
english is not my first language but you are able to understand what "correlation" means

>>1882204
Yes, I am, and I already explained how fed interest rates and mortgage interest rates are correlated. Of course, there are other factors involved that can lead to mortgage rates decreasing even if fed interest rates increase.

>>1882220
no you didn't explain it, i did.

Either troll or fucktard.