Alaska Speedy Cash loan agreements are governed by the State of Alaska. A fixed rate mortgage typically comes with an initial deal period, usually between two and five years (but can be longer; there are an increasing number of 10-year fixed rate mortgage deals available). The main advantage of this initial period is that you'll know exactly what your monthly mortgage repayments will be for however long it lasts. This will enable you to plan your budget effectively, as you'll know exactly how much you need to ring-fence for your mortgage repayments each month.Like any mortgage, a refinance comes with a price tag: You'll have to pay closing costs, totaling about 2% to 5% of your loan amount. The U.S. average for mortgage closing costs, including taxes, is $5,749, according to the most recent estimate from real estate data firm ClosingCorp.
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