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Mortgage Fixed Rates Fall

Mortgage Fixed Rates Fall

This is a discussion on Mortgage Fixed Rates Fall within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; We recommend seeking expert advice in selecting the most appropriate mortgage for your circumstances. moneyjungle.net does not offer financial advice ...

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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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01-23-2008, 10:29 AM

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Mortgage Fixed Rates Fall

We recommend seeking expert advice in selecting the most appropriate mortgage for your circumstances. moneyjungle.net does not offer financial advice but we can connect you with an impartial, FSA qualified adviser. ...

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