Mortgage Tips

How Does An Interest-Only Mortgage Work?

When you have been researching your different options for a mortgage on your home, you might have heard of an "Interest-Only Mortgage". What exactly does this type of mortgage mean and how does it work? Usually when you take out a loan, you must pay back the capital...

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What You Need To Know About Mortgage Insurance

If you are on the verge of buying real estate, you've probably heard the term Private Mortgage Insurance. Mortgage professionals talk about it a great deal, but you may be asking, "What is it exactly? And why should I care?" Private Mortgage Insurance Defined PMI is...

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