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As the daughter of a Realtor I was always taught (I have owned 5 houses) that the mortgage can be generally calculated as 1% of the loan. So, if the mortgage is $120,000 by the time you add in taxes & insurance your payment will be $1200.00 a month. Now as a Mitigator Consultant (helping people get...
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1) How I know if I need an Obama Refi (more than 80 LTV) if I have not yet had an appraisal? 2) Will Fannie Mae will be dropping their fees like Freddie did? (see http://www.reuters.com/article/bondsNews/idUSN0548455620090305 ) 3) Should I be shopping around for a better rate with a broker vs. going...