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December 26, 2006
Appeal Of Piggyback Loans Fades
Re-thinking mortgage insurance
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But with short-term interest rates now sharply higher — currently above 8 percent — piggyback loans are less appealing. Now, there are signs that some borrowers are giving traditional private mortgage insurance a second look.
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Posted on December 26, 2006 09:41 AM by mortga184.
Filed in Mortgage Calculator under mortgage insurance.
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