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Economists say state's economic pain will last - Indianapolis StarTwo years ago, Mike Mowrey was pulling down $30 an hour as a model maker at Guide Corp. in Anderson -- enough to support his wife and two children and pay the mortgage on his Madison County house. But when the auto-parts maker, a former General ...
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Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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