Ethics and virtue are a much debated and an evolving concept in ancient scriptures of Hinduism. Virtue, right conduct, ethics and morality are part of the complex concept Hindus call Dharma - everything that is essential for people, the world and nature to exist and prosper together, in harmony.
Home Equity Line of Credit â The Annual Percentage Rate (APR) is variable and is based upon an index plus a margin. The APR will vary with Prime Rate (the index) as published in the Wall Street Journal. As of June 18, 2015, the variable rate for home equity lines of credit ranged from 3.99% APR to 8.24% APR.
This is not an offer or commitment to lend at any set terms. Total Interest Rate charged to a reverse mortgage is the Margin + Index + Monthly Mortgage Insurance of 1.250%. Example 3.99% Fixed: 3.99% + 1.25% Monthly MIP = 5.24%. Example Libor: 2.00 Margin + Index of .15 + 1.25% Monthly MIP = 3.40%.