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Net-Teams - Bookmark Tag reverse mortgages
There are 3 articles associated with the tag reverse mortgages!
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An Overview of Reverse Mortgages
If you own a home, you know mortgage products have moved beyond the basic 30 year fixed option. Reverse mortgages are one such product and here is an overview.
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Mortgage Equity Withdrawal - The Refinancing Trend
Mortgage Equity Withdrawal is the formal name for equity refinance, reverse mortgages or simply home loans based on equity (as the security for the loan).Mortgage Equity Withdrawal rose to 8.7 billion pounds in the second quarter of this year to its highest since the third quarter last year, official data showed (on Tuesday 4th Oct 2005).Mortgage Equity Withdrawal is a measure of the equity Britons have extracted from their homes but which they have not re-invested in...
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Top 5 Reasons People Get Reverse Mortgages
Once youve done your research on reverse mortgages and gained a more complete understanding of the product, the next step is to decide if a reverse mortgage is right for your situation. If youre eligible (a homeowner 62 years of age or older with equity in your principal residence), this may be a quick decision or one that requires a bit more consideration. As with any decision, its always helpful to get the perspectives and experiences of others who have faced similar sit...
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