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Mortgage Professor about treasury bond market: | |||||||||||||||||||||||
When Is the Right Time For a Mortgage Lock?
April 23, 2001, Revised September 13, 2005 Should Borrowers Forecast Interest Rates? "I have been pre-approved for a loan on my new home but have yet to lock in the interest rate. When would be a good time ... more... Can the Fully-Indexed Rate on an Adjustable Rate Mortgage Be Biased? June 5, 2000 ?I am considering two very similar 7% adjustable rate mortgages that adjust the rate every year. The rate on one is tied to the 11th District Cost of Funds Index (COFI) with a 3% margin. The other rate is tied to the one-year Treasury index with a 2% margin ... more... |
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treasury bond market related definitions |
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Secondary Mortgage Market
Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more... Market Value Market Value The highest price that a buyer would pay and the lowest price a seller would accept on a property. Market value is the most probable price which a property should bring in under normal market conditions and may be different from the price a property could actually be ... more... |
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