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The House of Representatives passed a bill Tuesday that slashes the cost of upfront mortgage insurance for first-time.

Mortgage rates found a nice spot and have been hanging out there for three straight weeks. But thanks to the Federal Reserve, it may not be long before rates resume their march downhill. The U.S..

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mortgage (mrgj) n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of such a loan. 3. The repayment obligation associated with such a loan: a family who cannot afford their mortgage. 4. The right.

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A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to.

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