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MortgageWatch from MarketWatch101
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The following are the topics of interest in this section. To review each topic in detail use the links to jump to the topic of interest. Don't find soemthing here? Please send your wants and needs using the feedback form.
| | | | | | What is Monetary Policy? | | | The term 'monetary policy' refers to the actions undertaken by a central bank, such as the Federal Reserve, to influence the availability and cost of money and credit to help promote national economic goals.
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| | | | | | | | | | | | | | | | What is Option ARM? | | | Learn what is Option ARM, its advantages, when and how to use it. Learn about negative amortization and why you should watch before you jump into this type of loan.
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| | | | | | | | What is FHA? | | | FHA loans can qualify you for lower mortgage loan rates, especially if you have poor credit. With a government backed loan, your down payment requirements are reduced, usually to just 3%. Learn more about it.
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| | | | | | What is CMT? | | | Treasury Yield Curve Rates commonly referred to as 'Constant Maturity Treasury' rates, or CMTs. Yields are interpolated by the Treasury from the daily yield curve.
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| | | | | | Reverse Mortgage | | | The program allows homeowners to borrow against the equity in their homes. Unlike ordinary home equity loans, an FHA reverse mortgage does not require repayment as long as the home is the borrower's principal residence.
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