"Step Ahead." Atlantic Bank started selling bi-weekly mortgages two years ago,

Authors

    Source

    Biz

    Date

    3-1-1997

    Pages

    2

    Abstract

    "Step Ahead." Atlantic Bank started selling bi-weekly mortgages two years ago, and other area banks have quietly followed. The payment plan, recently advertized as a new idea by the Bank of New Zealand, saves $47,396 in interest over the life of an 8 percent, 30-year $100,000 mortgage.

    Subjects

    Atlantic Bank, Mortgages

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