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June is American Housing Month. Whether you’re currently trying to buy or considering doing so, you may be feeling discouraged by the brutal competition of today’s housing market.
Like homes themselves, mortgages come in many sizes and types. One of the most important decisions you face as you consider your choices is whether to take out a fixed- or an adjustable-rate mortgage.
Loans are a fantastic way to put big-ticket items in reach. Whether you took out a personal loan to fund a home improvement project, an auto loan for a new ride, or a mortgage loan to secure the home of your dreams, you’ll need to make monthly payments to satisfy your obligations as a borrower.