Only the best mortgage rates
Tuesday, January 6, 2009
OUR  RATES  TODAY
Rate
Points
APR
30 Fixed
NA
0
NA
15 Fixed
NA
0
NA
5/1 ARM
NA
0
NA
1yr ARM
6.0
0
6.02
Our rates are updated every 15 minutes. Next update in  min.
    More Rates >>
NATIONAL AVERAGES
 
Rate
Points
 
30 Fixed
 
6.18
0.4
 
15 Fixed
 
5.93
0.4
 
5/1 ARM
 
5.98
0.5
 
1yr ARM
 
5.47
0.6
 

Current national averages as
reported  December 28, 2006

Source: Freddie Mac

government loan (mortgage)
A mortgage that is insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) or the Rural Housing Service (RHS). Mortgages that are not government loans are classified as conventional loans.

Government National Mortgage Association (Ginnie Mae)
A government-owned corporation within the U.S. Department of Housing and Urban Development (HUD). Created by Congress on September 1, 1968, GNMA performs the same role as Fannie Mae and Freddie Mac in providing funds to lenders for making home loans. The difference is that Ginnie Mae provides funds for government loans (FHA and VA)

grantee
The person to whom an interest in real property is conveyed.

grantor
The person conveying an interest in real property.

 

Mortgage Terms Glossary

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z     0-9


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z     0-9


  HOME |Contact Us   888-583-4957 |Privacy & Security |Disclosures |Terms of Use |Site map

Copyright ©2002-2009, homeloandiscountmortgage.com. All Rights Reserved.