Tag: interest rate

What Does it Mean to Refinance?
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What Does it Mean to Refinance?

What does it mean to REFINANCE? Refinancing is a term we use all the time in the mortgage business. Refinancing involves breaking your current mortgage; adding debt to that mortgage (based on the current value of your home), and using the equity to allow you to do renovations, pay off debts, or ease cash flow. […]

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Fixed Rate Mortgages
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Fixed Rate Mortgages

Today we’re talking a bit more about Fixed Rate Mortgages. This can be a great option for people who are nervous about interest rate fluctuation and need the stability of a fixed rate! There are pros and cons to both fixed and variable rates, it just comes down to what will work best for you […]

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