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Non-bank lenders thrive in the shadows – “It puzzles me. subprime mortgage market. While private debt does not typically have the low “teaser” rates and brutal re-setting that proved so damaging, many borrowers might never be able to.
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Applying for a mortgage? Shop the rate (and prepare for paperwork if you’re self-employed) – “It is interesting to me that someone who is a W-2’d employee who is basically at the mercy of a company and could be let. for a new credit card or take out an auto loan just before applying for a.
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At NerdWallet, we strive to help you. Our opinions are our own. Mortgage rates are near all-time lows, and it might be hard to imagine them going even lower. But some loan experts say many banks.