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market. Verification of employment (VOE) “Also, in the third quarter of 2005, homeowners who refinanced their fixed-rate mortgages lowered their interest rate an average equity mortgage new 0.57 percentage points. On an average loan size of $150,000, that lower rate translates into a payment that is about $55 a month lower for a savings of more than $660 annually,” said Cutts. “This same time last year, borrowers who refinanced lowered their interest rate by an average of 0.72 percentage equity mortgage new As mortgage rates increase, the borrowers who have an incentive to refinance will largely be those seeking to exchange home equity for cash or those who are hitting the adjustment period on their adjustable-rate mortgages.” "That's equity mortgage new to really bite," he said. Under the Torrens title registration system of land ownership registration, mortgages and equity mortgage new are recorded on the title at the central registry, so that any buyer knows for certain whether a block of land is subject to a


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