Help me explore refinance

" If a mortgage broker convinces a borrower to take on an interest rate that is considerably higher than the borrower is entitled to, the broker gets a kickback called a yield spread premium. The kickback is a powerful incentive for the broker to get you to pay a higher interest rate. If you are offered a mortgage loan with a yield spread premium, look elsewhere. Good loans never include this fee. • Routine fees that have been increased outrageously.

08/30/09 3

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