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Are Those 4.500 Percent Winter Haven Mortgages for Real? \| Florida

Are Those 4.500 Percent Winter Haven Mortgages for Real? | Florida

This is a discussion on Are Those 4.500 Percent Winter Haven Mortgages for Real? | Florida within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The business TV world is on fire this morning with rumor of 4.500 percent bmortgage/b rates on the horizon; the ...

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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, 05:52 PM

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Are Those 4.500 Percent Winter Haven Mortgages for Real? | Florida ...

The business TV world is on fire this morning with rumor of 4.500 percent bmortgage/b rates on the horizon; the clip above ran on NBC this morning.

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(Source: Google Blog Search)

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florida, haven, mortgages, percent, real, winter

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