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Mortgage Professor about home purchase: | |||||||||||||||||||||||
What Mortgage Market Niche Are You In?
October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more... What Do Fannie Mae and Freddie Mac Do? March 10, 2003 "What are Fannie Mae and Freddie Mac, and what do they do?" Fannie Mae and Freddie Mac are "government-sponsored enterprises" (GSEs). This means that they are privately owned, but receive support from the Federal Government, and assume some public ... more... |
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home purchase related definitions |
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American Dream Downpayment Initiative
American Dream Downpayment Initiative The American Dream Downpayment Initiative (ADDI) aims to increase the homeownership rate, especially among lower income and minority households. ADDI help first-time homebuyers with downpayment and closing costs. The program assists low-income ... more... Earnest Money Earnest Money Money given by a buyer to a seller as part of the purchase price to bind a transaction or assure payment. This deposit made by a buyer of real estate towards the down paymen is typically held by the real estate brokers or the escrow company. ... more... |
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More about home purchase Blame It On the Rain: Protect Your Home With Hurricane, Wind, and Flood Insurance Pre-Foreclosure Investing Mortgage Loan Closing Costs Buying an Unfinished Home Maybe Your Answer Residential Real Estate More About Personalities than Homes Investing in Residential Real Estate: Achieving Positive Cash Flow Top Ten Tips when Buying Real Estate! High Tension for the Buyer and Seller of Real Estate Can Be Reduced Key Terms to Know When Buying a Home Buying Houses: Types of Bargains to Find
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