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Reverse Mortgage: Is It Right For You?

A reverse mortgage also called lifetime mortgage is a loan senior citizens borrow against their home. Created years ago as a form of assistance to seniors in financial distress, a reverse mortgage does not need to be paid back as long as the borrower lives in the home where the equity comes from. But is [...]

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The FHA Appraisal Process: A Step By Step Guide

fha appraisal

Once the Federal Housing Administration (FHA) agrees to insure you real estate property loan and you identify the property you want to buy, the next step in the approval process is the FHA appraisal of the property you intend to buy. The two main goals of the FHA appraisal process are to establish that the [...]

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Options For Refinancing Your Home Mortgage

refinancing your home mortgage

Refinancing your home mortgage can be a very beneficial decision to make in the current financial climate. You may be keen to take advantage of lower mortgage rates, or change your mortgage term to a longer or shorter one. Alternatively you may want to release funds for debt consolidation, or to finance a major purchase. [...]

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Mortgage Bond Yields Highest In Months

Growing home sales 3D illustration

Mortgage bond yields rise to highest point in months. The rising mortgage rates in 2013 are a sure indication that home buyers better start investing now. Mortgage bond yields have risen to a high which hasn’t been seen in 10 months. For this reason, it seems as though the longer consumers let the year drag [...]

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The Definition Of Bond Investments

the_definition_of_bond

The definition of bond investments is a debt provided to the holder of the bond, known as the principal, which will be repaid to the bond older with interest at a certain date. This date, known as the maturity of the bond, can be anywhere from six months to one hundred years out and can [...]

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