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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... Refinancing That Makes You Poorer May 16, 2005 Of every 10 letters I receive asking my opinion of a proposed refinance, I advise 7 or 8 that the refinance would make them poorer. My letters are not from a cross-section of prospective borrowers, so perhaps the comparable figure over the market generally is 3 or ... more... |
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three year arm mortgages related definitions |
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Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... 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 three year arm mortgages
Four Quick Tips on How to Lower Your Mortgage Interest Rate
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