[postlink]http://videotube4.blogspot.com/2011/02/mortgage-interest-rates-explained.html[/postlink]
http://www.youtube.com/watch?v=qB1mwWh4FHQendofvid
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http://www.youtube.com/watch?v=qB1mwWh4FHQendofvid
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This video gives general explanation about the impact of a 1% change in interest rate on monthly mortgage payment (30 year term) or in what you may be able to buy.
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