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Best places in U.S. to buy a vacation home – Sales of vacation homes rose 10% last year, compared with 2011, according to the National Association of Realtors. And despite today’s threat of rising mortgage interest rates. the top 10 best.
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Refinance Your Vacation Home, Investment Property, or. – Higher interest rates The higher the risk of a loan, the higher an interest rate a lender will offer. Though your personal qualifications may be the same as when you got your first mortgage, a loan on a second property is considered riskier than on a primary one.
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Where the loss of the second-home mortgage deduction would. – Where the loss of the second-home mortgage deduction would be felt the most. finance 72 percent of vacation-home purchases that year.. in the second-home deduction to write off the interest.
How to refinance a second property – HSH.com – How to refinance a second property.. and securing a loan on a vacation or investment home. Higher rates for second-home refinances.. also known as a "second home" — "interest rates are comparable to rates for a primary home," although you may have to pay one-eighth to one-quarter percent.
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