Lowest inflation in four years - 2004-01-15
Inflation has dropped 1.9% last month from 2.2% in November. This is the lowest rate since October 1999, and is down significantly from this year's high of 3.2% in August. Falling mortgage interest costs are seen by analysts as a major factor in the reduction.
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What's our best mortgage alternative? - 2004-01-15
Dear Dr. Don,
My husband and I are buying a new home for $200,000. We are planning to put 40 percent as down payment. We would be able to pay off entirely within a five-year period. What would be our best mortgage option? Thank you in advance.
Victoria Variable

Dear Victoria,
You're planning on paying off $120,000 plus interest in five years? That's an aggressive payment plan. Make sure that any mortgage that you consider doesn't have a prepayment penalty.
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