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Real Estate Blog - Friday South Carolina Mortgage Rates Update.

Real Estate Blog - Friday South Carolina Mortgage Rates Update.

This is a discussion on Real Estate Blog - Friday South Carolina Mortgage Rates Update. within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Current Mortgage Rates & Mortgage Interest Rates Survey Daily Rate Averages 30 Yr Fxd 5.38 % 15 Yr Fxd 5.19 ...

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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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11-29-2008, 06:08 AM

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Real Estate Blog - Friday South Carolina Mortgage Rates Update.

Current Mortgage Rates & Mortgage Interest Rates Survey Daily Rate Averages 30 Yr Fxd 5.38 % 15 Yr Fxd 5.19 % 7/1 ARM 5.88 % 3/1 ARM 5.63 % 5/1 ARM 5.63 % Full Rate Averages Update: 11/28/2008 Add Tool To Your Site Mortgage101 Daily b.../b

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