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What? Refinance A Residentail Mortgage Now?

What? Refinance A Residentail Mortgage Now?

This is a discussion on What? Refinance A Residentail Mortgage Now? within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Funny I should see a piece on CNN Money And Finance recently that just because mortgage interest rates are hovering ...

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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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09-17-2008, 11:19 PM

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What? Refinance A Residentail Mortgage Now?

Funny I should see a piece on CNN Money And Finance recently that just because mortgage interest rates are hovering right around 5.9% and could go even lower that anyone would think about the refinance residential mortgage mindset right ...

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mortgage, refinance, residentail

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
What? Refinance A Residentail Mortgage Now?	Administrator	Mortgage Calculator	0	09-17-2008 11:19 PM
What? Refinance A Residentail Mortgage Now?	Administrator	Mortgage Refinancing	0	09-17-2008 11:19 PM

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