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How Do You Shop For a HELOC?
October 20, 2003 "Do I shop for a HELOC in the same way as I would shop for another mortgage?" No, shopping for a HELOC is very different from shopping for a standard mortgage. In most respects, it is simpler, if you know what you are doing. A HELOC is a line of credit ... more... Is Mandatory Disclosure Unfair to Brokers? May 8, 2000 "I take exception to your proposal that mortgage brokers be required to quote a price for their services...I like to compare our industry to a department store. Should a law be passed that requires department ... more... |
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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... Freddie Mac Freddie Mac Federal Home Loan Mortgage Corporation (FHLMC) also called "Freddie Mac" - a quasi-governmental, federally sponsored organization that acts as a secondary market investor to buy and sell mortgage loans. FHLMC sets many of the guidelines for conventional ... more... |
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More about wall street journal What is the 1% or 1250% Mortgage Interest Rate All About? How Homeowner Can Save Their Home From Foreclosure The North American Consumer: An Endangered Species? Tips for Finding the Best Agri Mortgage and the Best Agri Loan Internet Marketing: The "Simple" Part Wisdom From The Rock Real Estate Stories that Show You How! 2006 Predictions for Robotics Get the Mortgage Quote Your Bank Doesn't Want You to See Mortgage Loans 101: Who or What is Freddie Mac?
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