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Hilliard Mortgage Lenders The payments on a 30-year mortgage are generally lower than 15-year loans, but their interest rates tend to be higher. The lower payment comes from spreading out the loan over twice as many payments. Because of the longer time frame, a 30-year mortgage owner pays more in interest payments than a 15-year mortgage holder.

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Redfin launches mortgage lending in Florida, Maryland, and Tennessee Redfin Mortgage LLC announced Tuesday it received approval to offer mortgage loans in Maryland, Florida and Tennessee. The company, a subsidiary of the tech-powered residential real estate company.

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