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Mortgage insurance lowers the risk to the lender of making a loan to you, so you can qualify for a loan that you might not otherwise be able to get.
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Two days ago, I wrote an article entitled "No, Mortgage Rates Aren’t Based on 10yr Treasury Yields." It’s worth a read if you’re not already up to speed on why that’s a true statement. It also paves.
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A mortgage is a debt instrument that the borrower is obliged to pay back with a predetermined set of payments.
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Many homeowners with mortgages have considered refinancing at some point or another. Refinancing a mortgage essentially.
While the mortgage stress test remains a hot topic, nearly two years after its implementation, there’s something else.
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