BBC News  Sep 1  Comment 
Continued expectations of an interest rate rise are prompting more homeowners to lock into a new mortgage deal, figures suggest.  Sep 1  Comment 
Bank of England figures suggest buyers may be ‘locking-in’ ahead of expected interest rate hike UK mortgage approvals rose in July to hit their highest level since February 2014 adding to signs that Britain’s housing market is regaining...
MarketWatch  Aug 27  Comment 
Market turmoil has pushed the benchmark mortgage rate to the lowest level since May, mortgage buyer Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 3.84% for the week ending Aug. 27, down from 3.93%. The 15-year fixed-rate...
WA Business News  Aug 27  Comment 
Australian Finance Group has beaten its forecasts and lodged a net profit of $19.3 million, with the Perth-based company solidifying its status as the nation’s biggest mortgage company.
The Australian  Aug 26  Comment 
Tasmanians and Queenslanders are the nation’s worst for keeping up with home loan repayments.
Clusterstock  Aug 26  Comment 
NEW YORK (Reuters) - Applications for U.S. home mortgages edged up last week as interest rates declined, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity,...  Aug 26  Comment 
LONDON (dpa-AFX) - U.K. mortgage approvals rose for a seventh month in a row in July to their highest level in seventeen months, in line with economists' expectations, figures from the British Bankers' Association showed Wednesday. The...
Motley Fool  Aug 23  Comment 
Breaking down the basics of mortgage loans.
Financial Times  Aug 23  Comment 
Lenders urge borrowers to consider impact of an eventual UK rate rise


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=">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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