Mortgage Rates
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From Wikipedia, the
free encyclopedia 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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This comes from the Old French "dead pledge,"
apparently meaning that the pledge ends (dies) either when the obligation is
fulfilled or the property is taken through foreclosure.
In most jurisdictions mortgages are strongly
associated with loans secured on real estate rather than on other property
(such as ships) and in some jurisdictions only land may be mortgaged. A
mortgage is the standard method by which individuals and businesses can
purchase real estate without the need to pay the full value immediately from
their own resources. See mortgage loan for residential mortgage lending, and
commercial mortgage for lending against commercial property.
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More related links about
Mortgage Rates
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America's largest interest
rate database.
Current & Historical
Rates & Specials; Over 20000 Financial Institutions; Updated Daily;
Local, State & National ...
www.ratedexpro.com/ -
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7 Jan 2010 ... Official
RateSupermarket.ca
Mortgage Rate Panel Outlook January 2010 : ... 80% of our
panel members agree that variable
mortgage rates
will ...
www.prlog.org/10479105-ratesupermarketca-expert-mortgage-rate-panel-divided-on-january-2010-outlook.html
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Learn how interest
rates affect the
housing market and how you can keep up with changes.
www.investopedia.com ›
Articles -
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Rates for 30-year
home loans edged lower for the second straight week, a report said
Thursday, but remained above last month's record lows.
www.msnbc.msn.com/id/7148582/ - United
States -
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13 Nov 2009 ... Get the latest
mortgage rates
with direct links to apply for a loan.
www.apple.com/webapps/utilities/mortgageratetool.html
- United States -
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mortgage rate -
definition of mortgage
rate - The interest rate on a mortgage loan.
www.investorwords.com/3142/mortgage_rate.html
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