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Better plan: refinance, stabilize home prices

Better plan: refinance, stabilize home prices

This is a discussion on Better plan: refinance, stabilize home prices within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; We propose that the Bush administration and Congress allow all residential mortgages on primary residences to be refinanced into 30-year ...

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Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of.

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10-02-2008, 10:01 PM

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Better plan: refinance, stabilize home prices

We propose that the Bush administration and Congress allow all residential mortgages on primary residences to be refinanced into 30-year fixed-rate mortgages at 5.25% (matching the lowest mortgage rate in the past 30 years), ...

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