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A first mortgage and second mortgage have a primary element in common: They are both loans that are financed with your home as collateral. The term "first mortgage" refers to the original loan you …
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Residential Refinance Mortgages Make Up Nearly Two-Thirds Of Home Loans In Second Quarter Of 2020 – Homeowners Refinance Loans at Highest Level in Seven Years; Dollar Amount of Refinancing at 17-Year High; Purchase and Home Equity Lending Down From Second Quarter of 2019 IRVINE, Calif.
Still, interest rates on second mortgages are generally much lower than those on credit cards or unsecured personal loans. Related: 10 Signs You’re Paying Too Much for Your Mortgage Your Credit …
Do Mortgage Lenders Reject Loans To Black Applicants That They Would Make To White Borrowers? – This article describes an iron-clad way in which black mortgage applicants can avoid the kind of discrimination described in …
