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Mortgage Articles
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| An ominous plan is being proposed in Congress – to eliminate mortgage-interest tax deductions for all houses larger than 3,000 square feet. The proposal, part of a bill drafted by Rep. John Dingell, chairman of the House Energy and... |
| 11/16/2009, 01:38 PM by Jim Woodard |
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| What’s the most effective way to obtain the best possible home mortgage in today’s tight market? That’s the question asked by many home buyers, and owners wanting to refinance their existing mortgage.When Borrowers apply for an adjustable-rate mortgage today,... |
| 11/16/2009, 01:36 PM by Jim Woodard |
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| Following close on the heels of the interest-only mortgage, the fifty-year adjustable rate mortgage (ARM) is the new kid in the in-crowd of specialized loans. Just as it sounds, this is a loan which has an end date fifty years... |
| 11/14/2009, 10:10 AM by Sam Jones |
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| Some borrowers are now applying for exceptionally long-term mortgages to finance the purchase of a home or refinance an existing mortgage. The amortization periods can be extended to 40 or even 50 years. These loans were first introduced in the... |
| 11/14/2009, 10:01 AM by Jim Woodard |
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