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The Industry Standard: Fixed Rate Mortgages
Adjustable Rate Mortgages: Your Rate is Tied to an Index
ARMs Can Be Tempting, But Uncertain
Less Common Mortgages Might Be Right For You
How Much House Can You Afford?
The More Money You Put Down, The Lower Your Mortgage Payment
Low Down-Payment Programs
Private Mortgage Insurance (PMI)
Closing Costs Can Be Up to 6% of Your Loan
Buy, Don't Rent, When You Can Afford the Down Payment