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Mortgage Professor about prime interest rates future: | |||||||||||||||||||||||
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... Is This a Good Time For an HEL? 7 June 2004 "I have a first mortgage for 161K at 7.125%, a second for 40K at 7.5%, and 50K of credit card debt at 13-19%. We could refinance the first and second mortgages into a fixed-rate loan at 6.25%. But we could also refinance them into a home equity loan at 4% (prime ... more... |
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prime interest rates future 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 prime interest rates future Thought Fixed Rate Will Give You a Respite from the Perils of Variable Rates! Think Again Student Loan Consolidation - How To Get The Best Rates And Plans? Keep Your Eye Focused On Treasury Bond Rates To Adjust Your Current Mortgage Rates Mortgage Terms Explained Finding the Right Time to Refinance a Loan Tips for Finding a Low Interest Loan How To Get A Credit Card No Matter How Bad Your Credit Rating Adjustable Rate Mortgage Loans - Understanding The Basics High Risk Mortgage Lenders - Using a Sub Prime Lender Online Mortgages: Encouraging Stronger Personal Economic Growth
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