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No-Cost Mortgages
July 19, 2004 "Why wouldn?t anyone in his right mind take a no-cost mortgage if he could find one?" Because no-cost mortgages don?t eliminate costs, they convert them from costs paid upfront to costs paid over time. No-cost mortgages carry higher interest rates, ... more... Why Does Mortgage Refinancing Cost More? March 24, 2003 "Why are mortgage interest rates higher when the borrower is refinancing than when the borrower is purchasing a home?" If the borrower, the property and the loan are the same, one would think that a loan used to purchase a home would be priced the ... more... |
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refinancing mortgage lenders brokers rates home related definitions |
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Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... Secondary Mortgage Market Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more... |
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More about refinancing mortgage lenders brokers rates home
Mortgages and Mortgage Loans Real Estate Mortgage Loans Online Using a Mortgage Refinance Company Online Home Loan Mortgage Loan Refinance - Refinancing For A Shorter Term To Save Money How to Obtain a Second Mortgage Loan? Poor Credit Mortgage Refinance - Refinancing Your Home After Your Credit Score Has Dropped Mortgage Brokers For Home Loan Refinance - Refinance Online Bad Credit Debt Consolidation Mortgage Loans High Risk Mortgage Lenders - What Are Your Options? Refinancing Your House? Time is Money With Mortgage Refinance
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