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Bankrate.com Mortgage Trend Index (November 15, 2007)

Bankrate.com Mortgage Trend Index (November 15, 2007)

This is a discussion on Bankrate.com Mortgage Trend Index (November 15, 2007) within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available. Note: ...

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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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11-15-2007, 02:33 PM

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Bankrate.com Mortgage Trend Index (November 15, 2007)

I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available. Note: the survey only covers conforming loans. If you are a jumbo, Alt-A, or sub-prime mortgage holder, the survey is not ...

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2007, bankratecom, index, mortgage, november, trend

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