Motley Fool  Oct 4  Comment 
Is refinancing your mortgage a smart move? That depends.
Financial Times  Oct 2  Comment 
Lenders pull out of market ahead of new EU rules  Oct 2  Comment 
Number of £1m-plus mortgages granted to lenders has risen by a fifth, with private banks main funders of central London trophy properties Britain’s property bubble has created a new phenomenon: the rise of the £1m mortgage. Figures obtained...
New York Times  Oct 2  Comment 
Updated rules from the Consumer Financial Protection Bureau are intended to facilitate borrowers’ attempts to review and compare several loan offers.
Euromoney  Oct 2  Comment 
Banks in Poland and Croatia will only have themselves to blame if they end up footing the bill to resolve the Swiss franc mortgage problem.
Financial Times  Oct 1  Comment 
‘Know before you owe’ rules encourage borrowers to read fine print
MarketWatch  Oct 1  Comment 
Mortgage rates were little changed, Freddie Mac reported Thursday. The 30-year fixed-rate mortgage averaged 3.85%, down from 3.86%, and the 15-year fixed-rate mortgage slipped a basis point to 3.07%. The 5-year Treasury-indexed hybrid adjustable...
SeekingAlpha  Sep 30  Comment  Sep 29  Comment 
Bank of England says more than 71,000 mortgages were approved in August as housing market shows no sign of summer slowdown Mortgage lending has leapt by the largest amount since 2008, official figures showed on Tuesday, providing further...


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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