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News about mortgage sponsored by: Alles over Akelei Informatie over Akelei CLOSED MORTGAGES / FIXED RATE MORTGAGESThe expression 'closed mortgage' originates from the 1980's when this type of mortgage was literally 'closed'. You contracted to the lender to make your payments for the term chosen, you could not pay anything additional, nor could you pay off the entire amount for any reason except the sale of your property. These days, there are many ways to pay down your mortgage principal quicker, though the name 'closed' mortgage still rema... : CLOSED MORTGAGES / FIXED RATE MORTGAGESConventional MortgageMost mortgages are conventional, the terms just vary. A conventional mortgage to most people is a 15 or 30 year fixed rate mortgage with at least 20% down.... : Conventional MortgageMortgage applications fall sharplyMortgage applications fall sharply Industry group's survey says higher interest rates depress refinancing activity; purchases rise. March 2, 2005: 7:38 AM EST NEW YORK (Reuters) - Applications for U.S. home mortgages decreased last week as a sharp drop in home refinancing activity offset an increase in purchasing amid a rise in interest rates, a... : Mortgage applications fall sharplyblanket mortgageA blanket loan, or blanket mortgage, is a mortgage lient securing several parcels of property, frequently used by developers who have purchased a single tract of land intending to subdivide into individual parcels. The developer normal requires a 'partial release' clause so that individual parcels can be released from the blanket mortgage a... : blanket mortgageStocks Seen Higher; Oil Eases Before DataBy Michael Flaherty NEW YORK (Reuters) - U.S. stock futures pointed to a higher market open on Wednesday, with oil prices slipping and momentum from Tuesday's rally helping to fuel the market. Shares of Research In Motion Ltd. (RIM.TO: Quote , Profile , Research ) (RIMM.O: Quote , Profile , Research ) fell, a day after reporting a sharply higher third-quarter... : Stocks Seen Higher; Oil Eases Before DataMore news about mortgage: golf insurance? mortgage-online Index 1 mortgage-online Index 2 mortgage-online Index 3 Mortgage online |