Tuesday, November 15, 2005

Long-term mortgages get more expensive

Long-term mortgages get more expensive: "Borrowers looking for a good deal on mortgages are starting to run out of options.
For more than a year, rates on adjustable mortgages have been rising. But traditional fixed-rate mortgages have remained a remarkably good deal for borrowers -- and have also helped keep the mortgage and housing markets chugging."
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