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Mortgage Rates for Friday Afternoon

Mortgage Rates for Friday Afternoon

This is a discussion on Mortgage Rates for Friday Afternoon within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Compared to the past few weeks, this week seemed a little more calm with regards to bmortgage/b interests rates. 30 ...

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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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11-14-2008, 09:51 PM

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Mortgage Rates for Friday Afternoon

Compared to the past few weeks, this week seemed a little more calm with regards to bmortgage/b interests rates. 30 year fixed hung around 5.875 - 6.00% based on what I quoted during this past week via Twitter using the conforming criteria b.../b

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afternoon, friday, mortgage, rates

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