Mortgage

RECENT NEWS
CNNMoney.com  Jul 30  Comment 
Thousands of bad loans made years ago by Countrywide are Bank of America's problem now.
Motley Fool  Jul 30  Comment 
You can get the best mortgage rates by shopping around and putting in a little effort, and this can save you tons of money
Market Intelligence Center  Jul 30  Comment 
We’ve talked about what mortgage pre-approval is, and why you should get pre-approved, but I also want to address why you should NOT trust the number the bank gives you. What number shouldn’t you trust? On your pre-approval letter, there is a...
Reuters  Jul 30  Comment 
July 30 - Mortgage servicers in the United States are evolving into the next big lenders, sidestepping regulatory scrutiny to win business in a gap left by the retreat of big banks from the home-loan...
Market Intelligence Center  Jul 29  Comment 
If you’ve ever shopped for a house, or are thinking about doing that in the future, then chances are you have thought about mortgage pre-approval at one time or another.  What is mortgage pre-approval?  Why should you get pre-approved?  Is it...
newratings.com  Jul 29  Comment 
LONDON (dpa-AFX) - U.K. mortgage approvals increased more-than-expected to a 4-month high in June, recovering from a temporary slowdown caused by mortgage lending regulations. After four months of decline, approvals for house purchases increased...
The Economic Times  Jul 29  Comment 
Though new credit curbs came into force in April designed to limit demand for new loans, the data showed the first rise in approvals since January.
The Hindu Business Line  Jul 28  Comment 
Opus Capital Markets Consultants, a wholly owned US subsidiary of Wipro has launched OpusPanorama, a new client web application, targetted at the mortgage industry.  The appl...




 
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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