Category Archives: Rates

mortgage loan types

Mortgage Loan Types Explained

Mortgage loan types currently available for you? Mortgage Loan Types Fixed rate mortgage loan types. Fixed rate mortgage loans have the same interest rate for the entire repayment period. With the monthly principal portion being also constant you will pay the same amount of money month after month, year after year. 2. Adjustable rate mortgage

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Mortgage Fees

Mortgage Fees: Your Guide to understanding

Mortgage Fees - What Should You Pay, What Shouldn't You Mortgage Fees will always be involved if you’re purchasing a property so long as you aren't paying cash.  your mortgage down payment isn’t the only upfront payment you’ll be making. You will also have to write a check for closing costs. You can expect to

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Trump admin suspends mortgage insurance premium rate cut

Trump Administration Suspends Cut in FHA Mortgage Insurance Rate For 11 days we had one last gift from Obama’s administration dedicated to the housing market. We are talking about the mortgage-fee reduction announced on January 9 that was supposed to become effective on January 27. It was a cut with 0.25 percentage points on the

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Mortgage rates rise after Trump victory

Trump's victory sends mortgage rates higher After voters decided that president-elect, the real estate magnate Donald Trump would be the next president to take office, homes just got more expensive. Since November 8th, after Trump’s unexpected election victory, the interest rate on government bonds suffered an important decline. Mortgage interest rates are directly influenced by

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Factors That Determine Your Mortgage Interest Rate

The Most Important Factors that Affect Mortgage Interest Rate  Getting a mortgage can be a costly endeavor. The total costs of your mortgage can wind up rising due to several factors. The increase in the quote of your mortgage interest rate you obtained from your mortgage lender could come from a number of factors. Low credit

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