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On a practical level, it defeats whatever incentive structure we’ve attempted to build into the loan process. Whereas home loans are secured by houses as collateral, debtors can’t exactly take your.
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The 15-year fixed rates are now at 3.38%. The 5/1 ARM mortgage for Texas is now at 4.17%. If you’re looking for Texas mortgage rates or refinance rates to fund a home purchase loan, mortgage refinance, or even a home equity loan or second mortgage in Texas, you’ve come to the right place.
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