Finance Two Houses with One Blanket Mortgage Loan
With mortgage rates at 4 year lows, refinancing has again become attractive to many homeowners. While none of us knows with certaintly where rates will go in 2009, anyone with an adjustable rate loan or a fixed rate loan with an interest rate at 5.75% or more can take advantage of 5% market rates today and achieve a payback period of around 12-14 months. Homeowners that also own one or more invesment...
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