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Common Questions About Mortgage Brokers
May 4, 1998 "What do mortgage brokers do?" A mortgage broker is an independent contractor who offers the loan products of multiple lenders who are called "wholesalers." A mortgage broker counsels ... more...

Questions About Mortgage Brokers and Lenders
June 24, 2002 I get tons of mail from borrowers who are confused about the differences between lenders and mortgage brokers, and how these differences matter. "What is a mortgage broker?" A mortgage broker is a loan provider who offers the loan products of different ... more...

mortgage products related definitions

Amortization
Amortization Means loan payment by equal periodic payment calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance. Fixed rate 30 year mortgage is fully amortized in 30 years loan. Some ARM loan products ... more...

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...

More about mortgage products

Get Free mortgage products 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...

Interest Only Mortgage Basics
The housing boom in the United States has created a variety of new mortgage products. Interest only mortgages are one type of mortgage lenders are promoting to homebuyers and those refinancing their mortgages.Interest only loans are intended to be a short-term solution to your refinancing needs. ... more...

Some of the Available Loan Types
There are many mortgage products available on the market today. We can help you find out which one is right for you. Here are the most common options.Fixed Rate Mortgages (FRMs)* Interest rates stay constant for the life of the loan.* Offered in 10, 15, 20, or 30 year terms.* Payments are made up ... more...

5 Tips for Cheap Home Insurance
Home insurance is a general term for two different insurance products. Buildings insurance to protect your property's construction and home contents insurance to protect your moveable household objects and valuables.The problem is that not all home insurance policies are created equal making it ... more...

How To Save Money On Your Mortgage
Obtaining a home loan is arguably the most expensive transaction youll experience in your lifetime. Therefore, getting the best home at the greatest value is an endeavor worth pursuing. Whether youre trying to squeeze in to a higher priced home or just trying to shave a couple bucks off of the ... more...

Ten Minute Mortgage Makeover
If you are a homeowner shopping for a mortgage you have probably noticed mortgage lenders are everywhere. Everyone has the best rate on their mortgage products. How do you know which loan is the best? Best for one homeowner might be a disaster for another. Many homeowners fall victim to slick ... more...

Save Money When Grocery Shopping
Unlike a fixed monthly cost such as your mortgage or car payment, the amount you spend on groceries each month is somewhat flexible. While the common advice of clipping coupons and buying generic brands to save money while shopping is sound, by far the best way to truly keep your grocery shopping ... more...

Opt-In Email to Increase Website Traffic and Boost Online Sales
Sending messages and information to people who have given you permission to contact them is a great way to build the kind of relationships that will encourage a steady flow of traffic to your website... and greatly increase your online sales!All online businesses can benefit from having an opt-in ... more...

Choosing The Right Mortgage For You
This article will help you understand the differences between a variety of mortgage options. There are many different mortgage products offered by the various lending institutions in Canada, so you may not know what features to look for.As you'll see, each type of mortgage has slightly different ... more...

How To Save Money On Groceries
Unlike a fixed monthly cost such as your mortgage or car payment, the amount you spend on groceries each month is somewhat flexible. While the common advice of clipping coupons and buying generic brands to save money while shopping is sound, by far the best way to truly keep your grocery shopping ... more...

Spend More Time Selling
On average a sales person spends less than two hours per day selling their products. This statistic never seized to amaze me, even though I had often found myself being an active participant of its findings.Lets face it, if we spend so little time in our day selling, why are we in sales to begin ... more...

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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

 

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