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Tag: Mortgage

Posted on 03/17/2024
Pros and cons: Mortgage points
When buying a home, many homebuyers tend to search for the...
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Posted on 02/18/2024
The basics of a 15-year fixed mortgage
Prospective homebuyers and current homeowners know that a...
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Posted on 01/21/2024
Online preapproval: How to make your mortgage process easier
When preparing to buy a home, many potential buyers...
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Posted on 04/19/2020
Points: How They Benefit You
Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...
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