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Statistics showed that home mortgages taken by people have showed a downward trend in the month of August but is expected to maintain an upward trend in the upcoming months.

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A mortgage refinance has some advantages of its own. One of these is the mortgage interest tax deduction.

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Although the news regarding the introduction of a record low 1.99% mortgage by HSBC has made it to the headlines, the specific conditions under which this offer is being given are facing controversy.

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