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Lower mortgage rates no silver bullet \| Northloop Neighborhoods

Lower mortgage rates no silver bullet | Northloop Neighborhoods

This is a discussion on Lower mortgage rates no silver bullet | Northloop Neighborhoods within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Trying to end the bmortgage/b rate lag. Bad news is good news for Treasury investors, and recently, there has been ...

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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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12-05-2008, 01:54 AM

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Lower mortgage rates no silver bullet | Northloop Neighborhoods

Trying to end the bmortgage/b rate lag. Bad news is good news for Treasury investors, and recently, there has been a whole lot of bad news. Mortgage rates, however, have not fallen with Treasury yields, but an $800 billion. b.../b

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