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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 Low Home Mortgage Interest Rate - Finding the Best Mortgage Rate Choosing The Best Home Equity Loan Company To Work With 1st and 2nd Mortgage Refinance Loan - Refinance and Lower Mortgage Payments Re-mortgaging - Guide To The Best Deals What Are Mortgage Brokers And Why To Use One Second Mortgage - Valuable Tips To Help You Make The Right Decision How To Save Hundreds A Month On Your Mortgage Finding The Perfect Mortgage A New Choice for Home Financing: Correspondent Lenders Using a Correspondent Lender for Your Mortgage
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