Thursday, April 19, 2007

Mortgage Lowdown

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Wanna know how your bank or finance company calculates those mortgage interest rates and come out with your installment payment plan? This web site on Mortgage Lowdown gives you reports, tips and guidelines on how that works and also the latest mortgage plans available. It helps you to understand those fancy and smarty pants financial terms such as ‘home-equity credit lines’ or ‘non-traditional mortgages’ or ‘adjustable rate mortgages’ so that you don’t get sucked into a bad mortgage deal.