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Economic Weakness Can Lead to Lower Mortgage Rates Posted By

Economic Weakness Can Lead to Lower Mortgage Rates Posted By

This is a discussion on Economic Weakness Can Lead to Lower Mortgage Rates Posted By within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Even bmortgages/b can benefit during tough economic times as rates tend to drop when weak economic data is reported. How ...

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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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12-06-2008, 12:11 AM

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Economic Weakness Can Lead to Lower Mortgage Rates Posted By ...

Even bmortgages/b can benefit during tough economic times as rates tend to drop when weak economic data is reported. How can you as a savvy consumer benefit from this? It’s as simple as following the numbers! b.../b

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economic, lead, lower, mortgage, rates, weakness

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