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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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February 1, 2001

Overage: A sinister word that has moved on

By TOM KELLY
The Real Estate Advisor

    It's an old word in the mortgage industry and it surfaced recently via an old friend.

   "I'm shopping refinance rates right now to see if I can save some money," the friend said. "I haven't taken out a loan in years . . . Do you still have to be careful about overages?"


 
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