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Mortgage rates drop, again nearing historically low levels – And combined with higher mortgage rates, higher prices have made homes costlier for first-time buyers as well as for all-cash. such as Seattle and Austin (Texas). The increase in mortgage rates.
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For mortgages with a loan-to-value (LTV) ratio of less than or equal to 90%, the 0.80% monthly MIP will be paid for the first 11 years of the mortgage term, or the end of the mortgage term, whichever comes first. Thereafter, the monthly loan payment will consist of equal monthly principal and interest payments only until the end of the loan.
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Guardian Mortgage Partners With First National Bank of Santa Fe – Guardian Mortgage Company is expanding its footprint, this time with services in Santa Fe, N.M. delivered at First National Santa Fe branches. El Paso, Plano, Dallas, Arlington, Richardson, Austin.
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