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| Mortgage Professor about mortgage calculators: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Questions About Mortgage Refinancing
November 4, 2002 "What questions about refinancing are asked most frequently?" The most common question by far is "should I refinance". Usually I can?t answer it because questioners don?t give me all the needed information. If borrowers are looking ... more... Refinancing With Two Mortgages September 4, 2000 "I have an 8.75% first mortgage with a balance of $151,000, and a 12% second mortgage with a balance of $37,300. The second mortgage brought our total mortgage debt above the value of the property at that time, which is why the rate is so high. Our ... more... |
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mortgage calculators related definitions |
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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... |
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More about mortgage calculators Bad Credit Florida Mortgage Loans Home Mortgages: Up, Up and Away! The Right Time to Buy A Home Refinance Home Loan and Refinance Home Loans Florida Mortgage Loan Rates Residential Mortgages a Step Ahead on the Property Ladder California Mortgage Loans A Home Equity Loan - What You Should Know? Investor Guide to Financial Health A Home Equity Loan Is It For You?
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