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come in different varieties as you may know. Fixed rate loans are
usually most popular due to the fact that you don't have to worry about
rates going up on you over time. Currently in July, 2014 rates are still
down near historic lows, although they were even lower last year. The
amortizations come in 30 year, 25 year, 20 year 15 year and 10 years
with most lenders. The big price break is going to be with a 15 year
loan. Currently the spread between the 30 year fixed and 15 year fixed
rate is 3/4%.
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