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Mortgage Professor about second home interest refinancing fixed rate loan loans: | ||||||||
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 Is Refinance Shopping Easier? 4 July 2005 ?I have heard that it is easier to shop for a refinance than for a purchase mortgage, but I?m not completely sure why??? Shopping For a Purchase Mortgage Borrowers purchasing a house are faced with a closing date on which they must provide funding to ... more... |
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second home interest refinancing fixed rate loan loans related definitions |
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Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... 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... |
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More about second home interest refinancing fixed rate loan loans
Home Mortgages: How About Those 1.75% Loans? The Clock is Ticking on Your Leads Top 10 Things to Consider on Home Loans Refinancing vs Line of Credit Bridging Loans - Fulfilling Financial Shortfall between Real Estate Transactions Thinking About Refinancing Your Loan? Doing a California Refinance Online Shopping Home Equity Loan Rates Home Equity Loan When Does Refinancing Make Sense? Reasons to Refinance When Rates Are Moving Up
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