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ClosingCorp Partners with Mortech to Enhance SmartClosing Mortgage Calculator

ClosingCorp, a leading provider of residential real estate closing cost data and technologies for mortgage lenders, real estate professionals and consumers, announced today that it

Where The Smart Money Goes: RBC Poll shows twice as many Canadians opting for a fixed-rate mortgage

Where The Smart Money Goes: RBC Poll shows twice as many Canadians opting for a fixed-rate mortgage

15-Year Mortgages Are Especially Appealing

NEW YORK (MainStreet) -- Mortgage shoppers who have spurned 15-year loans in favor of 30-year deals should think again: unusually large discounts on 15-year rates make these loans unusually appealing, especially when investment alternatives are taken into account. The 15-year loan always charges less than the 30-year loan, because the lender faces fewer risks over the shorter loan term. But that ...

Use tax refund to cut my mortgage payment?

Dear Debt Adviser,I am a first-time homeowner and just received a $5,000 tax refund. Is there a way to use it to lower my mortgage payment (not the length of time I pay)?-- Marci Dear Marci,As a first-time ...

3 Steps to Deciding a 30- vs. 15-Year Mortgage

BOSTON (TheStreet) -- Today's record-low mortgage rates are giving consumers the choice of two great options -- 30-year mortgages that charge just over 4% interest or 15-year loans with rates nearly down to 3%. "You really can't go wrong," says Greg McBride, senior financial analyst at interest-rate tracker Bankrate.com "Rates are at record lows on both products." Thirty-year or 15-year mortgage ...