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RTÉ Business: Bank of Ireland trims mortgage rates

RTÉ Business: Bank of Ireland trims mortgage rates

This is a discussion on RTÉ Business: Bank of Ireland trims mortgage rates within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; RTÉ news brings you the latest Irish news, world news, international news and up to the minute reports on breaking ...

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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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12-03-2008, 03:02 PM

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RTÉ Business: Bank of Ireland trims mortgage rates

RTÉ news brings you the latest Irish news, world news, international news and up to the minute reports on breaking Irish news stories and news from around the world. Watch and listen to Irish news stories on our video and audio streams.

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bank, business, ireland, mortgage, rates, rtÉ, trims

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