![]() ![]() ![]() ![]() ![]() ![]() |
||
Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Professor about cosi mortgage: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Which Adjustable Rate Mortgage Index Is the Best?
February 7, 2000 "Could you tell me which ARM index is best for the borrower, and why?" An ARM's index is used to set the interest rate, subject to any rate caps, after the initial rate period ends. For example, a ... more... How to Shop For an Option ARM 18 July 2005 "I want the low payments that are available on an option ARM, but I don?t know what I should be looking for in shopping for one. Can you help?" Reluctantly. I don?t much like the option ARM because of its complexity and hidden booby traps. However, ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cosi mortgage related definitions |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Baked Securities, MBS
Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more... Mortgage Note Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
More about cosi mortgage Defining Mortgages - Why One Mortgage Is Not Like The Other Reverse Mortgage Calculator Mortgage Can Be A Long Engagement First Time Home Buyers - Get Your Top 5 Mortgage Questions Answered Here! Mortgage Loan Basics: Interest Only Loans, Pay Option ARM Mortgage vs. Reverse Mortgage: How Do You Put Your Mortgage in Reverse? What Is The Best Deal For A Mortgage? What Online Mortgage Shoppers Want Mortgage Lenders for Dummies Repayment Remortgages is The Cure For Outdated Endowment Policy
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|