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Tag: Adjustable Rate Mortgage

Posted on 04/26/2023
Fixed or adjusted mortgage: How to decide
When deciding between loan options, one of the first things to consider is whether you want a fixed or adjusted mortgage. An adjusted or adjustable rate mortgage can be an excellent choice for certain financial situations, while fixed rate mortgages might provide more advantages. To help you decide which option works best for you, here are some more...
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Posted on 11/21/2022
Understanding the fixed rate mortgage definition
To choose the right mortgage loan, it’s important to understand the “fixed rate mortgage” definition. This type of loan has several advantages, including predictable monthly payments and long repayment terms. However, a fixed rate mortgage might not be right for everyone. Here is a quick guide to understanding this type of mortgage: Fixed-rate mortgages vs. adjustable-rate mortgages When...
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Posted on 08/24/2022
Terms of a mortgage: Understanding the basics
A major aspect of financing a home is choosing the “term” of a mortgage. But what exactly are mortgage terms? While terms vary by mortgage lender, many are shared across the board. The more you know about the terms of a mortgage, the better prepared you’ll be to pay it back. What is a mortgage “term”? In a...
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