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Falling Mortgage Rates Make it a Good Time to Buy Blue Ridge Real

This is a discussion on Falling Mortgage Rates Make it a Good Time to Buy Blue Ridge Real within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; As bmortgage/b rates are dropping, it's a good time to buy real estate in Blue Ridge. More... (Source: Google Blog ...


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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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Old 12-06-2008, 06:52 PM
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Default Falling Mortgage Rates Make it a Good Time to Buy Blue Ridge Real ...

As bmortgage/b rates are dropping, it's a good time to buy real estate in Blue Ridge.

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