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Tag Archive: cashback


How to Get Ripped Off with Cashback Mortgage Rates

The most competitive online mortgage brokers are just itching to give you a better rate. But many lenders won’t let them. Most broker lenders have what’s called “rate buydown limits.” In other words, the lender limits how much a mortgage broker can reduce your interest rate by giving up some of their commission. Here’s a simple example. Suppose a lender...

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