Welcome to the mortgage translations clearinghouse, an easy-to-use collection of. education materials, a standardized glossary of mortgage terms, and more.
“Mortgage” comes from the Latin word mort, meaning death – as in “this debt is yours until you die.” Mortgages are more flexible than their root.
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A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to.
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Articles, calculators and videos from The NY Times on reverse mortgages, fixed- rate mortgages, adjustable-rate mortgages, option ARM mortgages and other.
Mortgage rates held steady today, for the most part. If there was a leaning, it was toward slightly lower rates, but not by a wide enough margin to be significant.
New York Mortgage Trust issued preferred stock, which is an alternative to the riskier common stock. The Series D preferred stock combines fixed-rate with floating-rate dividend payments. The Series D.
Mortgage rates fell today, but by how much depends on the lender! This runs contrary to the average news story which contains some reference to rates being flat week-over-week (due to Freddie Mac’s.
The Consumer Financial Protection Bureau is set to eliminate a regulatory loophole that made getting a mortgage more feasible for thousands of Americans. The consumer watchdog agency announced this.
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U.S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial.