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Lower mortgage rates no silver bullet \| DailyHeadlines.org

Lower mortgage rates no silver bullet | DailyHeadlines.org

This is a discussion on Lower mortgage rates no silver bullet | DailyHeadlines.org within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Lower bmortgage/b rates no silver bullet. Fri, Dec 5, 2008. Business. Reducing bmortgage/b rates to a historically low 4.5% may ...

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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, 05:56 PM

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Lower mortgage rates no silver bullet | DailyHeadlines.org

Lower bmortgage/b rates no silver bullet. Fri, Dec 5, 2008. Business. Reducing bmortgage/b rates to a historically low 4.5% may entice some homebuyers out of the shadows, but it won't be enough to really spur housing sales, experts said. b.../b

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