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The average fee on 30-year fixed-rate mortgages was unchanged from last week at 0.5 of a point. The average fee for the.
Adjustable-rate mortgages (ARMs) get a bad rap. Some worry that they’re super risky for the borrower. Others contend that ARMs ultimately end in disaster due to the prevalence of exotic.
From the early 2000s through the housing bubble’s burst in 2006, mortgages were extremely easy to get for anyone with even decent credit. Back in those days, legitimate banks and lenders offered.
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