Send us Feedback

Mortgage

RECENT NEWS
Mortgage Basics Still Elude Many Homebuyers
TheStreet.com  May 14  Comment 
NEW YORK (TheStreet) -- After the housing and mortgage crisis of the past few years, you'd think people would have thought long and hard about how best to conduct their next home purchase or refinancing. But maybe not. A survey by Zillow ,...
TransUnion: Credit quality of mortgage borrowers nationwide has improved
Bankstocks.com  May 14  Comment 
Study shows that at end of March, 2 percent of loans in Chicago area written in 2009 and later were delinquent
Number of first-time buyers taking on mortgages jumps 20%
guardian.co.uk  May 14  Comment 
Council of Mortgage Lenders says 19,100 home loans advanced to new buyers in March, up from 15,900 in February Amid signs that banks and building societies are becoming increasingly willing to offer larger loans, the number of first-time buyers...
Mortgages: how many Britons have one, and how much do they owe?
guardian.co.uk  May 13  Comment 
Mortgages are just a fact of life, aren't they? Not for everyone – here are six key trends on housing, mortgages and debt from new ONS data. • Get the data • More data journalism and data visualisations from the Guardian The UK's a nation...
How retirees can use jumbo reverse mortgages
MarketWatch  May 13  Comment 
Some homeowners with high-value homes are using reverse jumbo mortgages to raise cash without having to sell their property.
Video: Let's Talk Investing: The wonders of the one-year mortgage
The Globe and Mail  May 13  Comment 
In a rising rate environment, one-year rates may be a better option that variable rates, but they may not make financial sense for everyone
OSFI probes longer-term uninsured mortgages, could act
The Globe and Mail  May 13  Comment 
Investigation by bank regulator builds on Finance Minister’s effort to slow growth of consumer debt and house prices
OSFI probes longer-term uninsured mortgages, could act
The Globe and Mail  May 12  Comment 
Investigation by bank regulator builds on Finance Minister’s effort to slow growth of consumer debt and house prices
Nationstar Mortgage (NSM) Trading Near $43.59 Resistance Level
Market Intelligence Center  May 10  Comment 
National Semiconductor Corp (NYSE: NSM) closed Thursday's trading session at $42.35. In the past year, the stock has hit a 52-week low of $14.03 and 52-week high of $42.61. Nationstar Mortgage (NSM) stock has been showing support around $40.39 and...
Where the mortgage deduction really pays
CNNMoney.com  May 10  Comment 
The mortgage interest deduction is one of the most expensive tax breaks on the books, but its benefits are distributed unevenly across the country, according to a new report by the Pew Charitable Trusts.




RELATED WIKI ARTICLES

Related Articles

more ▼WIKI ANALYSIS
This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition.
 
TOP CONTRIBUTORS
Sr. Director
Stephen Lihn

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!

Retrieved from "http://www.wikinvest.com/wiki/Mortgage"
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki