Mortgage Online Quote Rate
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Adjustable rate mortgage - An adjustable rate mortgage or variable rate mortgage is a loan secured on a property (house) whose interest rate and so monthly repayment vary over time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment mortgage.
Fixed rate mortgage calculations (USA) - == Fixed rate mortgage calculations ==
Shared appreciation mortgage - A mortgage in which the lender agrees to an interest rate lower than the prevailing market rate, in exchange for a share of the appreicated value of the collateral property. The share of the appreciated value is known as the contingent interest, which is determined and due at the sale of the property or at the termination of the mortgage.
Quote/commentary - Quote/commentary is a form of interaction in email and other modes of online communication consisting of cut and pasted passages of text followed by commentary focussed specifically on the excerpted passage. The term was introduced by cognitive scientist Stevan Harnad, who sees it as a significant development in communication because it restores "the real-time interactivity of the oral tradition" to written textFor Harnad, the most important features of quote/commentary are:
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