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What is one difference between fixed-rate mortgages and variable-rate mortgages?
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difference between offer and acceptance?
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difference between offer and acceptance?
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What is the difference between fix and variable mortgages?
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
What are hello Google what are the difference between a post office and back the difference between bank and post offices?
A bank deals exclusively in the process of handling money... including taking in deposits, handing out withdrawals and selling mortgages. Post offices don't do mortgages - but - they sell other items such as stamps, envelopes, packing tape, passports, tv licences, driving licences etc.
Who provides Islamic mortgages in the UK Where can i get information on Islamic mortgages What's the difference between conventional finance and Islamic finance?
AnswerYou can find all the answers and more on www.islamicmortgages.co.uk Islamic Financial Solutions are also dedicated Islamic Brokers.You can find them at www.islamicfinancialsolutions.co.uk
What is the difference between Freddie Mac and Fannie Mae?
The main difference between Fannie Mae (FNMA; Federal National Mortgage Association) and Freddie Mac (FHLMC; Federal Home Loan Mortgage Corporation) is that Fannie May primarily buys mortgages issued by banks and Freddie Mac primarily buys mortgages issued by thrifts. A secondary difference between the two is that Fannie Mae started in 1938 as part of the "New Deal" and Freddie Mac started in 1970 in order to create competition in the secondary mortgage market.
What is the difference between bank loans and mortgages?
A mortgage is a loan that is secure with real estate or personal property. A bank loan is money that is borrowed with a contract to pay the money back.
What is the difference between Fannie Mae and Freddie Mac loans?
The main difference between Fannie Mae (FNMA; Federal National Mortgage Association) and Freddie Mac (FHLMC; Federal Home Loan Mortgage Corporation) is that Fannie May primarily buys mortgages issued by banks and Freddie Mac primarily buys mortgages issued by thrifts. A secondary difference between the two is that Fannie Mae started in 1938 as part of the "New Deal" and Freddie Mac started in 1970 in order to create competition in the secondary mortgage market.
Is there a difference between a reverse mortgage and a reverse annuity mortgage?
The terms are similar and both relate to reverse mortgages, however a reverse annuity mortgage often refers specifically to reverse mortgages where the borrower chooses to receive monthly payments from the lender rather than getting a lump sum of cash upfront or a line of credit.
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What is the difference between bad debt and good debt?
Good debt refers to investments such as home mortgages or student loans provided you can manage the monthly payments. Bad debt is debt incurred for purchases that you don't need or cannot afford.
Is there a difference between jumbo mortgage rates and the rates of a conventional mortgage?
A jumbo mortgage is a loan larger than the conventional mortgage limits. The rates of jumbo mortgages is typically 0.25% to 0.5% higher than traditional mortgage rates.
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