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| 5 year fixed mortgage rates have dropped to 2.14%! http://www.hawthornevillager.com/phpbb/viewtopic.php?f=3&t=68876 |
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| Author: | PaulMeredith [ Fri Oct 28, 2016 9:43 am ] |
| Post subject: | 5 year fixed mortgage rates have dropped to 2.14%! |
5 year fixed mortgage rates have now dropped to a record low 2.14%. Full 20% prepayment privileges, however it is fully closed for the full 5 year period. All this means is that you can't pay the mortgage off in full during this time unless you sell your home. It also means you cannot refinance mid-term with a different lender, however you can do so with the same lender. Mortgage must close by December 31st. |
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