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the-numbers

Mortgage Q&A: New rules tie hands of brokers

The mortgage world is a very different place since the financial crisis of 2008 and the ensuing regulations put into place under the Dodd-Frank Act. I spend most of my time explaining the outrageously confusing good-faith estimate. After I explain how the numbers add up on this form, my clients …

First mortgage : Fixed or variable?

Your first mortgage is one of the most important financial decisions you’ll ever make. Bruce Sellery recommends running the numbers on various options before you make that big decision.