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A mortgage bond is a type of loan secured by real estate property. When a borrower takes out a mortgage, they agree to repay the loan amount plus interest over a specified term, using the property as collateral. If the borrower fails to make payments, the lender can foreclose on the property to recover the outstanding debt.

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1y ago

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Related Questions

What is the difference between a fixed rate bond and a floating rate bond?

"A fixed rate bond is a bond that has a fixed rate, whereas a floating rate bond can change due to different variables. BNET is a great business resource that will help with learning about fixed and floating rate bonds."


What are fixed rate bonds?

Fixed rate bonds are a 'security' paying a fixed periodical 'coupon' or interest payment, say 6%. After some defined period, the bond will repay its 'face value' being equivalent of the principal in a loan.


What is an accountable property officer's bond?

An accountable property officer's bond is a bond executed by an individual who is charged with the responsibility of protecting and maintaining Government property, or keeping records for such property.


What is the current best fixed rate bond?

The current best fixed rate bond will depend on one's location and their personal preference. In the UK one can get a 9 month fixed rate bond at just 0.75% and that is the lowest rate.


What are the Treasury functions?

paying money taxes morage and contracts


If a field has a Number data type you can change the property to Fixed to set a fixed number of decimal places?

Decimal Property


What property is taxed?

Property taxes are taxes on the value of owned property. Sometimes they are classified as either specific or ad. Property Specific taxes are of a fixed amount based on a number, or standard of weight or measurement. Ad property taxes are based on a fixed proportion of the value of the property with respect to which the tax is assessed.


What is property bond?

A property bond is a type of bail bond where the value of real estate is used as collateral to secure a defendant's release from custody. If the defendant fails to appear in court, the property may be forfeited to cover the bond amount.


How does one apply for a fixed rate bond?

"Fixed rate bonds can be applied for at a person's local bank. That is probably the first place that one should look for a fixed rate bond, but research can be done to find other sources."


Are property taxes a fixed cost?

Yes


Are property taxes fixed costs?

Yes


Is zero coupon bond more sensitive to change in interest rate than fixed coupon bond?

The zero coupon bond is more sensitive to change in rate (inflation) because the market value is not based on a fixed coupon.