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Home affordability better than ever before, experts say – The five-year housing slump has taken the market to never-before-seen levels of home affordability, in New Jersey and nationwide. And if home prices increase and record-low interest rates start rising.
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Should I Pay PMI or Take a Second Mortgage? Is property mortgage insurance (PMI) too expensive? Some home owners refinace a second low rate mortgage from another lender to bypass PMI payment requirements. Use this calculator to see if this option would save you money on your home loan.
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