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Salt Lake City Mortgage Market Update for December 1, 2008 « Salt

Salt Lake City Mortgage Market Update for December 1, 2008 « Salt

This is a discussion on Salt Lake City Mortgage Market Update for December 1, 2008 « Salt within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Mortgage Bonds are holding steady if not moving even slightly down down, so I recommend carefully floating and seeing what ...

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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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12-01-2008, 08:33 PM

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Salt Lake City Mortgage Market Update for December 1, 2008 « Salt ...

Mortgage Bonds are holding steady if not moving even slightly down down, so I recommend carefully floating and seeing what happens, especially if your closing a bmortgage/b loan in Salt Lake City in the next 30 days. Salt Lake City has had b.../b

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