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December 21, 2006
Mortgage Refinancing - Refusing to Yield to Yield Spread
If you are in the process of refinancing your mortgage loan, shopping smartly will help you avoid a fleecing by your mortgage company. Your Mortgage company works for commission and the more they get you to pay, the more money they make. Unfortunately, mortgage companies are rewarded when they con you into overpaying for your mortgage refinancing. This markup of your interest rate by the mortgage company is called Yield Spread Premium and avoiding it will save you thousands of dollars. Here are several tips to help you avoid paying Yield Spread Premium on your next mortgage
From Mortgage Refinancing - Refusing to Yield to Yield Spread
Posted by Jason at December 21, 2006 03:27 PM
