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Buy down mortgage |
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Buy down mortgageA home loan in which the lender receives a premium as an inducement to reduce the interest rate during the early years of the mortgage.Buy down mortgage Similar MatchesEuro mortgageEuro mortgageA mortgage taken out by those paid in Euros to avoid the need to exchange currency. Mortgage typesMortgage typesFor example, repayment or interest. Or fixed, capped, tracker, discount or stepped rate etc. Variable rate mortgagesVariable rate mortgagesAs you would expect from the name, variable mortgage rates go up and down and generally don't stay at the same level for too long. This is because the interest rate and subsequent level of repayment varies with the lender's interest rate. This is usually derived from Bank of England base rate or some other index. One such index is the banks' base rate - an average of the rates of several leading lenders. Biweekly mortgageBiweekly mortgageA mortgage that requires payments every two weeks and helps repay the loan over a shorter term. Federal National Mortgage AssociationFederal National Mortgage Association(Fannie Mae): A tax paying corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA or guaranteed by VA as conventional home mortgages. Further Suggestionsflexible mortgage accountMortgage arrears Capped rate mortgage Adjustable Rate Mortgages (arms) Blanket mortgage Equitable Mortgage Collateralized mortgage obligation (CMO) Residential mortgage Mortgage code arbitration scheme Council of Mortgage Lenders Government National Mortgage Association (Ginnie Mae) Mortgage application Government insured mortgage Mortgage REIT Stepped fixed rate mortgage Mortgage interest deduction Mortgage Banker Index tracker mortgage Mortgage deed Closed end mortgage Mortgage Take back mortgage Flexible mortgage Gnma (government National Mortgage Association) Options Equity linked mortgage |
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