Examlex
Which natural feature has allowed the Gullah of South Carolina, Georgia, and Florida to preserve many of their African cultural roots?
Mortgage Insurance
An insurance policy designed to protect the lender from the risk of default and foreclosure on a mortgage.
Down Payment
The part of the purchase price of real property that is paid in cash up front, reducing the amount of the loan or mortgage.
Adjustable-Rate Mortgage
A home loan with an interest rate that can change periodically based on changes in a corresponding financial index.
Interest
The cost of borrowing money, typically expressed as an annual percentage rate, or the earnings from lending money.
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