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40 Percent
A quantitative measure, often used to represent a fraction of a hundred in various statistics and percentages.
Adjustable Rate
A type of interest rate that can change, increasing or decreasing, over the period of a loan.
Subprime Mortgage
A type of mortgage that is offered to individuals with poor credit scores who are considered a higher risk to lenders.
Home Price
The monetary value at which a residential property is bought or sold in the real estate market.
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