What Is a Mortgage?

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Ask.com Answer for: what is a mortgages
Mortgage rates for VA
Rate Current Last Week
30yr fixed 4.16% 4.0%
15yr fixed 3.22% 3.01%
5/1 ARM 3.02% 2.78%
Source: www.zillow.com
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Q&A Related to "What Is a Mortgage"
Most Americans have a mortgage. A mortgage is a loan to purch
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When you have a mortgage, there is a legal contract between you and a lender that says if you fail to repay the borrowed sum the property used to secure the loan will be taken by
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If you're an older American, you've no doubt asked yourself, "What is a reverse mortgage?"Reverse mortgages have been used to pay for home improvements, supplement your
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Principal, or private, mortgage insurance protects not just the principal, but also the entire mortgage balance. You pay the insurance premiums and if you ever default on your mortgage
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3 Additional Answers
Mortgage is a loan given by banks or building society to buy a property. A mortgage loan is normally secured by real property through the use of a mortgage note. The note evidences the existence of the loan and the realty which secures the loan.
Mortgage is described to be a loan to finance the purchase of real estate, usually with specified payment periods and interest rates.
A mortgage is a loan taken out for purpose of buying property. They are offered by banks and building societies as well as mortgage lending companies.
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