On line Tech Support for CT Mortgage Calculator


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Glossary

Mortgage[wikipedia] an agreement that allows you to borrow money from a bank or similar organization by offering something of value, esp. in order to buy a house or apartment, or the amount of money itself
Interest Rate[dictionary] the interest percent that a bank or other financial company charges you when you borrow money, or the interest percent it pays you when you keep money in an account
Term[mtgprofessor] how many years the borrower has to repay the mortgage
Adjustable Rate Mortgage[investopedia] a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets
Fixed Rate Mortgage[bankrate] A mortgage in which the interest rate remains fixed for the length of the term

Interests Rates & Home Ownership Rates

financereferenece.comfinancereference mortgage