According to the US Census about 70 percent of homes have a mortgage and 30 percent do not.
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The average US mortgage rates for the last five years are constantly fluctuating, however as of May 2013, the price is about 3.42 percent, which is close to the average 3.31 percent.
A Chaffee mortgage is a mortgage obtained from this specific company. Chaffee is a company that will give out loans for homes to people who qualify.
There are many ways that one can receive a mortgage from Canton Homes. The best and most legal way would be to contact Canton Homes either through telephone or by mail and apply.
A lifetime mortgage allows property owners with equity in their homes to borrow a certain percent of that property's value as a lump sum followed up by the option of flexible cash withdrawals, which in effect releases their equity at the time of the loan and in the future as well.
You can only get a reverse mortgage on owner occupied property. All parties living in the home must be age 62 or older. investment homes - second homes - homes built before 1976 - do not qualify