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iRaleighBlog.com » Blog Archive » Good News About Mortgage Rates!This is a discussion on iRaleighBlog.com » Blog Archive » Good News About Mortgage Rates! within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Here’s some good news that our bmortgage/b company shared with us today. There is a very likely chance that rates ... |
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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, 09:13 PM
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iRaleighBlog.com » Blog Archive » Good News About Mortgage Rates!
Here’s some good news that our bmortgage/b company shared with us today. There is a very likely chance that rates could be as low as 4.5% for purchases (not refinances) in the near future. This is all speculation at this point but we’ve b.../b
More... (Source: Google Blog Search) 
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