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Best Home Purchase Mortgages Reviews & Comparisons | SuperMoney – Fixed rate mortgages carry the same interest rate for the entire life of the mortgage, and can protect buyers from sharp spikes in interest rates. On the other hand, adjustable rate mortgages can translate into significant savings when interest rates are falling, because lower rates are applied to the borrowers’ balances.
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16 Types of Mortgages Explained – The Dough Roller – · Did you know there are many different types of mortgages? We list 16 of the most common mortgage options, along with the pros and cons of each.
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