Question

Explain the concept of primary and secondary rate​

Answer 1

as of in the market primary rate is rate decided by the shop keepers and

of the secondary rate is that which is of consumers or customers rate

Answer 2

Answer:

In the primary mortgage market, lenders make loans to borrowers at a certain interest rate, whereas in the secondary market, lenders securitize these loans into mortgage-backed securities (MBS) and sell them to investors.

Explanation:

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