Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about mortgage knowledge: 
Why Pay Points on a Mortgage?
June 22, 1998, Revised January 10, 2003, Revised Nov. 11, 2004 "A friend from the UK told me that over there mortgage borrowers don?t pay points, just an interest rate. Why do we have to pay points here?" ... more...

How Do I Get Rid of My Mortgage Escrow?
April 19, 1999 "We have a perfect payment record and our loan is now about 50% of property value. The mortgage servicer keeps making errors in our escrow account and they won't pay us any interest on the balance. They ... more...

mortgage knowledge 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 mortgage knowledge

Get Free mortgage knowledge Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

How Can You Avoid Mortgage Fraud?
Fraud is a growing crime in America. From mortgage fraud to identity theft, consumers are at a daily risk of becoming victims of fraud.Every year, misinformed homebuyers become victims of mortgage fraud. Most fraud schemes will target first-time homebuyers, minorities and seniors.Buying a home is a ... more...

Is There Any Way To Get Out Of Debt?
In this era where we are bombarded daily with commercials on television, radio, billboards, through email, not to forget the flyers slipped under the car's wiper blades while shopping at the mall, it's no surprise that so many of us find ourselves endlessly in debt to the services and products ... more...

Be Persuasive When You Sell
When you are selling your products to clients, you dont want to be pushy about it, you want to be persuasive.Have you ever been around a sales person who seems to have everything going for him?He has no problem talking to people, people like him, he seems to meet all of his sales goals so ... more...

Factors That Affect Your Mortgage Rate
There are going to be many factors which affect your mortgage rate, some of which are under your control and others which you can do nothing about. You should be aware of all of the factors which might affect your mortgage rate and take them into consideration before applying for a mortgage loan. ... more...

Kings Bay, Saint Marys and Kingsland Georgia Real Estate - Mortgage Lenders
When looking for a home, it is important to first get pre-qualified with a mortgage company before you search for a home. This is the first step in making buying a home a no-nonsense experience.There are many mortgage lenders in the Kings Bay Georgia market. Most offer many of the same programs, ... more...

Dangerous Liaisons: Tips For Securing Homeowner's Insurance
Whether you are buying a home, selling a home, retiring or relocating homeowners insurance can be a tricky issue. Learning the basics of homeowners insurance is key to completing a smooth real estate transaction. Below are some important tips that can help you secure a homeowners insurance policy ... more...

"How Much Interest is Your Home Equity Earning?"
How much interest are you earning on your home equity? If you answered nothing, zero, zilch, zip you are correct. What would you do if you could get triple compounding on your equity? Would you take action and build a fortune that would allow you to pay off the mortgage and create a retirement ... more...

Real Estate Terms From Appraisals to Comps
When youre selling your home or other real property on your own, you dont have to know everything about the process. It does help to have a practical knowledge of the terms that come up during the process.Keep in mind, these arent intended as be all, end all, penultimate definitions. Theyre ... more...

Not Every Debt Negotiation Company Is Right For You - And That's The Truth
For those outside of the wide breadth of consumer and credit card debt knowledge inner circle, the debt negotiation truth is this: not even the best debt negotiation companies may be right for you.For starters, debtors have differing situations one may be falling behind on his monthly mortgage ... more...

Save Money With Financial Homework
Americans like choice, but it isn't always that great of a thing. For example, have you ever been frustrated when no one wants to make the decision of where to eat? Too many choices often confuse us or leave us avoiding the decision. Especially when it comes to finances.A report from AARP showed ... more...

Return to previous page   More articles on mortgage knowledge
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009