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    pread Premium, and if you unknowingly agree to pay it you will pay thousands of dollars in unnecessary mortgage interest every year!

    So how can you avoid paying this insidious fleecing of your pocketbook? Homeowners who learn how mortgage companies disguise Yield Spread Premium can avoid paying it. You can learn more ab

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    If you’re in the process of refinancing your home mortgage, you might hear your loan representative talk about market interest rate. What exactly does this mean and how can you be sure the market rate you’re quoted is really the interest rate you’re qualified? Here are several tips to help protect you from a shady loan representative when refinancing your mortgage loan.

    Here’s a common scenario you are likely to encounter when refinancing your mortgage. Your loan representative calls you up and tells you “Great news, mortgage rates have fallen and you now qualify for 7.75 percent instead of 8.0 percent. This is going to save you $30 per month!” That is good news, but is your loan representative being completely honest with you?

    Mortgage originators often fudge the numbers to boost their commissions. What the loan representative isn’t telling you is that mortgage rates may have actually fallen to 7.5%; the markup of your interest rate pockets a sizeable commission for your loan originator. True, you’re getting a lower interest rate, but you could be receiving the full savings you’re due. The reverse of this example is also true. Loan originators actually mark up your mortgage rate to pocket a commission without telling you. This markup of your mortgage rate is called Yield Spread Premium, and if you unknowingly agree to pay it you will pay thousands of dollars in unnecessary mortgage interest every year!

    So how can you avoid paying this insidious fleecing of your pocketbook? Homeowners who learn how mortgage companies disguise Yield Spread Premium can avoid paying it. You can learn more ab

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    entative when refinancing your mortgage loan.

    Here’s a common scenario you are likely to encounter when refinancing your mortgage. Your loan representative calls you up and tells you “Great news, mortgage rates have fallen and you now qualify for 7.75 percent instead of 8.0 percent. This is going to save you $30 per month!” That is good news, but is your loan representative being completely honest with you?

    Mortgage originators often fudge the numbers to boost their commissions. What the loan representative isn’t telling you is that mortgage rates may have actually fallen to 7.5%; the markup of your interest rate pockets a sizeable commission for your loan originator. True, you’re getting a lower interest rate, but you could be receiving the full savings you’re due. The reverse of this example is also true. Loan originators actually mark up your mortgage rate to pocket a commission without telling you. This markup of your mortgage rate is called Yield Spread Premium, and if you unknowingly agree to pay it you will pay thousands of dollars in unnecessary mortgage interest every year!

    So how can you avoid paying this insidious fleecing of your pocketbook? Homeowners who learn how mortgage companies disguise Yield Spread Premium can avoid paying it. You can learn more ab

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    th!” That is good news, but is your loan representative being completely honest with you?

    Mortgage originators often fudge the numbers to boost their commissions. What the loan representative isn’t telling you is that mortgage rates may have actually fallen to 7.5%; the markup of your interest rate pockets a sizeable commission for your loan originator. True, you’re getting a lower interest rate, but you could be receiving the full savings you’re due. The reverse of this example is also true. Loan originators actually mark up your mortgage rate to pocket a commission without telling you. This markup of your mortgage rate is called Yield Spread Premium, and if you unknowingly agree to pay it you will pay thousands of dollars in unnecessary mortgage interest every year!

    So how can you avoid paying this insidious fleecing of your pocketbook? Homeowners who learn how mortgage companies disguise Yield Spread Premium can avoid paying it. You can learn more ab

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    mmission for your loan originator. True, you’re getting a lower interest rate, but you could be receiving the full savings you’re due. The reverse of this example is also true. Loan originators actually mark up your mortgage rate to pocket a commission without telling you. This markup of your mortgage rate is called Yield Spread Premium, and if you unknowingly agree to pay it you will pay thousands of dollars in unnecessary mortgage interest every year!

    So how can you avoid paying this insidious fleecing of your pocketbook? Homeowners who learn how mortgage companies disguise Yield Spread Premium can avoid paying it. You can learn more ab

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    pread Premium, and if you unknowingly agree to pay it you will pay thousands of dollars in unnecessary mortgage interest every year!

    So how can you avoid paying this insidious fleecing of your pocketbook? Homeowners who learn how mortgage companies disguise Yield Spread Premium can avoid paying it. You can learn more about avoiding this mortgage company markup and other common mistakes with a free mortgage tutorial.

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