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Remortgages are the main area of activity in the mortgage market currently as the wider housing market stalls, the latest.
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An adjustable rate mortgage (ARM) allows the lender to adjust the interest rate of a mortgage at scheduled intervals. A rate cap limits the amount the lender may increase or decrease the interest rate per each adjustment. Many ARMs also have life of loan rate caps. This represents the highest or lowest interest rate a loan may adjust to over the life of the loan.
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The season is changing soon but according to our real estate experts the market will remain hot! Chong Yi of the Yi Team.
Mortgage rates have gone back down to where they were two weeks ago: at the lowest levels since the fall of 2016. You remember the fall of 2016, right? Vanilla Ice competed on Dancing With the Stars,
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