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Phoenix Arizona Mortgage Rates November 24, 2008 : Arizona

This is a discussion on Phoenix Arizona Mortgage Rates November 24, 2008 : Arizona within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Phoenix Arizona Mortgage Rates November 24, 2008. Posted by Justin McHood on November 24th, 2008. Phoenix Arizona Mortgage Rates November ...


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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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Old 11-24-2008, 04:15 PM
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Phoenix Arizona Mortgage Rates November 24, 2008. Posted by Justin McHood on November 24th, 2008. Phoenix Arizona Mortgage Rates November 24, 2008. November 24, 2008 | Filed Under Phoenix Mortgage Rates b.../b

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