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Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh)

Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh)

This is a discussion on Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh) within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; While most money matters aren't looking up right now, if you're looking to refinance your home, bmortgage/b brokers said this ...

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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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12-04-2008, 05:37 AM

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Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh)

While most money matters aren't looking up right now, if you're looking to refinance your home, bmortgage/b brokers said this is the time to do it. In the last.

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