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WASHINGTON (AP) – U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest.
ZURICH (Reuters) – Switzerland’s financial market supervisor FINMA has recognized as a new minimum standard rules proposed by the banking industry governing mortgage lending for residential investment.
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A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a.
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