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How to Shop For a Mortgage
September 24, 2003, Revised November 12, 2004 Shopping for a mortgage effectively isn?t easy. Reforms proposed by HUD, which were pending at the time this article was first drafted, and which promised to make the process much easier, were never enacted. ... more... What Mortgage Market Niche Are You In? October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more... |
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best mortgage rate 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... Home Equity Loan Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... |
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More about best mortgage rate Best Home Mortgage Loan - What To Look For In A Mortgage Refinancing vs Line of Credit Refinance Mortgage Rate and Mortgage Rates Remortgage to Save Your Hard-Earned Money Refinance Mortgage Rate Calculators - Valuable Tools For Getting The Best Loan Mortgage Loan Closing Costs for Refinance Loans and Home Purchase Best Home Mortgage Loan What To Look For In A Mortgage Mortgage Info You Can Actually Understand! Home Mortgage Rate Shopping - Why Some Shoppers Give Up And Others Don't Know Your Mortgage Options
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