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October 22, 2007
If you are in the market for a new purchase mortgage or are refinancing your existing mortgage loan, a mortgage calculator is a useful tool for determining your borrowing ability. Using a mortgage calculator is not difficult and can quickly tell your monthly payment amount including taxes and insurance if applicable. Suppose for example that [...]
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October 2, 2007
You’ve probably been hearing about the credit crisis in the mortgage industry recently and a number of people have been asking me what’s really happening. While it’s true the meltdown of the sub-prime or bad credit mortgage industry is affecting conventional mortgage lenders, the impact is not as bad as the gloom and doom you’re [...]
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August 24, 2007
Step One: Do Your Homework Before you consider a new mortgage it is important that you understand how mortgage loans work and which type of loan is right for you. You’ll need to choose a loan based on the type of mortgage interest rate and term length. You have two basic mortgage rates to choose [...]
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