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Real Estate Blog - Lower Mortgage Rates - Too Little Too Late?

Real Estate Blog - Lower Mortgage Rates - Too Little Too Late?

This is a discussion on Real Estate Blog - Lower Mortgage Rates - Too Little Too Late? within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Will lower bmortgage/b rates really make a difference? It is too little too late? The buzz in real estate today ...

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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, 06:54 AM

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Real Estate Blog - Lower Mortgage Rates - Too Little Too Late?

Will lower bmortgage/b rates really make a difference? It is too little too late? The buzz in real estate today is that bmortgage/b rates are going to plunge to 4.5% 30 year fixed rates for purchase bmortgages/b. That story has been in the news b.../b

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