The reality of todays market is that interest rates are higher than rates from the past few years. What this means for first time homebuyers, real estate investors, and property owners with adjustable rate mortgages is that monthly payments for the traditional 30 year mortgage are becoming more and more of a financial burden.Fortunately, for current and prospective homeowners who have good payment histories over the last two years and credit scores above 620, an emerging…

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