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Mortgage Professor about Current Prime Rate: | |||||||||||||||||||||||
Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... Adjustable Rate Mortgage Indexes Last Updated October 28, 2005 COMMONLY USED ARM INDEXES A. Cost of Funds, Eleventh District (COFI) B. 1-Year Treasury Constant Maturity Rate C. ... more... |
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Current Prime Rate related definitions |
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Prime Rate
Prime Rate In North American banking, the prime rate is the interest rate a banks charge to their best or "prime" customers. Each bank will quote a prime lending rate. Many institutions quote prime rates established by large money center commercial banks such as ... more... 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... |
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More about Current Prime Rate High Risk Mortgage Lenders - What Are Your Options? Refinancing Your Home - How and Why? Bad Credit Auto Loan Refinance - Bad Credit Auto Refinance Tips Cutting Credit Card Costs Adverse Credit Mortgages - Getting Approved with a Low Credit Score The Three Largest Factors In Your Interest Rate Best Refinance Mortgage Rates - Ways to Qualify for a Low Refi Rate Car Loans After Bankruptcy How Long Do You Need to Wait to Get Approved? Refinance Your Second Mortgage Good Credit is King, When Qualifying for Mortgage Programs
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