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Mortgage Professor about super jumbo rates las vegas: | |||||||||||||||||||||||
Questions About Mortgage Interest Rates
4 October 2001, Revised 11 November 2004, Revised February 22, 2005 "Do declining bond prices cause interest rates to rise?" No, declining bond prices are higher interest rates. Suppose on Monday the US Government sells a one-year note at 5%, meaning that an ... more... Questions About the Failure of Mortgage Locks December 15, 2003 ?Why have lock failures increased recently? A lock failure occurs when a lender does not honor a mortgage price that a borrower had believed was guaranteed. Lock failures occur when interest rates are rising and honoring locks is costly to lenders. ... more... |
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super jumbo rates las vegas related definitions |
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Jumbo Loan
Jumbo Loan A loan that is larger than the limits set yearly by Fannie Mae and Freddie Mac ($359,650 as of 1/1/2005). Because jumbo loans cannot be funded by these two agencies, jumbo loans usually carry a higher interest rate. Also called a non-conforming loan. For Alaska, ... more... Variable Rate Mortgage Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... |
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More about super jumbo rates las vegas Buying a Home when Rates go Up Jumbo Mortgage Loans - Getting Approved for a Jumbo Mortgage Loan Online Are Interest Rates Up, Up and Away? Jumbo Home Mortgage Loans - What They Are and Where To Get Jumbo Loan Financing What Online Mortgage Shoppers Want Adjustable Rate Mortgage - Is This The Right Type Of Loan For Me? Mortgage Terms Explained Keep Your Eye Focused On Treasury Bond Rates To Adjust Your Current Mortgage Rates Nevada Real Estate - A Very Good Gamble! Low Mortgage Rates - Rates Today Are Still Low Enough To Consider
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