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Tag : 10 mortgage terms

10 Mortgage Terms You Should Know

Unpacking the lingo is the first part of the home purchase process.  Understanding the terms, acronyms and other confusing jargon will help you better negotiate the terms of your mortgage. Buying a home is the single most expensive purchase most people will accomplish in a lifespan.  Here are ten terms explained as simple as possible: It’s all in the family –  Freddie Mac, Fannie Mae and Ginnie Mae This trio was formed by the federal government to support a national […]