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Topic: Mortgage Rates (Read 17 times)
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Eugine
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Posts: 393
Mortgage Rates
«
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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