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News about Mortgages:
Mortgage Apps Fall, Household Apps Rise, MBA Reports - Nuwireinvestor.comLenders have seen a refinancing boom in recent weeks, but the last week saw a notable decline in mortgage application acitivity and an increase in volume for household applications . For more on this, read the following article from HousingWire ...
Housing crisis creates opportunities - TelegraphAfter a significant slump in 2008, the home mortgage business appears to be entering 2009 on an upswing. Area mortgage specialists reported business concluding 2008 on the rise with no forecast of loan or refinancing inquiries slowing as 2009 begins ...
Today's Mortgage Terms starting with T
Term: The period of time in which a loan must be paid off.
Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
View all Terms