Mortgage

RECENT NEWS
SeekingAlpha  1 hr ago  Comment 
By Donald van Deventer: Kamakura Corporation projections for U.S. Treasuries and fixed rate mortgages this week show that the implied forward yields for 15-year fixed rate mortgages rise from a current effective yield of 3.432% (down 0.01% from...
Financial Times  Sep 25  Comment 
City watchdog to subject borrowers to affordability test
CNNMoney.com  Sep 25  Comment 
Read full story for latest details.
Mondo Visione  Sep 25  Comment 
The Financial Conduct Authority (FCA) has today set out plans to bring second charge mortgages under FCA mortgage rules and laid out how they intend to implement the mortgage credit directive. The FCA has proposed that from the 21st March 2016...
StreetInsider.com  Sep 24  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Economic+Data/MBA+Mortgage+Applications+-4.1%25+vs+7.9%25+Prior/9856438.html for the full story.
Mondo Visione  Sep 24  Comment 
The FCA has today banned Andrew Barlas from performing any function in relation to any regulated activity.  The FCA found that Barlas knowingly submitted two mortgage applications to mortgage lenders containing false and misleading information...




 
TOP CONTRIBUTORS

A mortgage is a method of using property (real or personal) as security for the performance of an obligation, usually the payment of a debt.

The term <a href="http://www.bankrate.com/>mortgage</a> refers to the legal device used for this purpose, but it is also commonly used to refer to the debt secured by the mortgage, the mortgage loan. With the advent of the mortgage backed securities, the market for mortgage loan has been growing quickly and is estimated as large as the Treasury debt market.

In most jurisdictions mortgages are strongly associated with loans secured on real estate rather than other property (such as ships) and in some cases only land may be mortgaged. Arranging a mortgage is seen as the standard method by which individuals and businesses can purchase residential and commercial real estate without the need to pay the full value immediately.

The interest rate required of a mortgage is determined by the credit rating of the borrower -- most often divided into prime and subprime mortgage. It may also be related to the strategy of the lender in that, depending on growth targets and competition, the lender may offer more competitive rates.

People normally pay me for this and you are giivng it away!

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