Mortgage Rates Corpus Christi Texas bridge loans
NARcasting the Future of U.S. Housing Prices: July 2009 – Yun "The speculative excesses have been removed from the market and home sales are returning to fundamentally healthy levels, while prices remain near record highs, reflecting favorable mortgage rates.
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Bridge loans are temporary loans, secured by your existing home, that bridge the gap between the sales price of a new home and the homebuyer’s new mortgage in the event the buyer’s existing home hasn’t yet sold before closing. In other words, you’re effectively borrowing your down payment on the new home.
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