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1 Comments
February 14th, 2010 at 3:46 am
The benefit of the discount mortgage is that it offers a reduction on the SVR. If the rate changes, the amount you pay changes automatically to reflect that. The discount benefit of this type of home loan relies heavily on the length of the deal.. The shorter the period of the discount, the greater the discount.
Rob@Mortgage Comparison´s last blog ..Five Easy Steps for In Comparing Mortgage Deals