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Author Topic: Mortgage Rates  (Read 17 times)
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Eugine
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« on: July 18, 2010, 08:14:54 PM »

Mortgage is a conditional conveyance of property as security for repayment of loan. Such a property is put up as a collateral security which is liable to confiscation in the event of failure of repayment of the loan and the mortgage rate associated with it.Hence, Mortgage Rate is a rate of Indian Mortgage Rates can be classified into two types:

    * Fixed Mortgage Rate
    * Flexible Mortgage Rate
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