Mortgage.net - Miami Dade mortgage rates - Compare mortgages by city in Miami Dade

You are here: Mortgage Rates > Florida mortgage rates > Miami Dade

Today's Mortgage Terms starting with I

Index:

An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.

Initial Rate:

The rate charged for the first interval of an ARM loan.

Interest:

Compensation in the form of money paid for the use of money.

Interest Rate Cap:

Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.

View all Terms

Miami Dade mortgage rates news:

Basil Bernard: Government should address mortgages first - Miami Herald
Basil Bernard is President of Apricot Office Supplies and Office Furniture USA South Florida, a Miami Gardens-based business that began in 1986. The company has 25 employees in Miami-Dade, Broward and Palm Beach counties. Q: Given the current ...

Homes More Affordable; Loans are Not - HispanicBusiness.com
To understand how the credit crisis is hitting home in South Florida, consider the plight of Teresa and Hoover Encalada. The couple found a two-bedroom condo they loved at the Plaza on Brickell. At $434,000, the price was right. Their credit was good ...

Real estate developer calls for passage of bailout bill - South Florida Business Journal
The president and CEO of Cushman & Wakefield made an urgent plea for Congress to pass the bailout bill on Friday, although he said better salesmanship would have avoided that term. Bruce Mosler, whose $2.1 billion-revenue company bills itself as the ...

Condo Associations - Daily Business Review
outh Florida condominium associations — historically considered one of the safest borrowers — are feeling the pain of the nation’s deepening credit crisis. Lenders are increasingly reluctant to renew revolving credit lines for condo ...

Omens of the coming Real Estate Bubble? - Political Gateway
Florida Dec 28th (Political Gateway) - Back in May of this year (2005) I wrote a column about the housing bubble. My prediction was ‘after the new bankruptcy laws go into effect, it will start to burst.’ Was I right? First let me say, I am a Real ...

South Floridians wonder if bailout plan will help - Fort Lauderdale Sun-Sentinel
In a little less than three weeks, the nation's financial system has been torn apart. With shocking speed, Wall Street watched its major investment banks fail or turn themselves into commercial banks. Stocks tumbled. The government took over Fannie ...

L.A. listing prices flat, inventory inches higher - Los Angeles Times Blogs
Median listing prices in Greater L.A. were essentially flat over the last week, falling $100, as the inventory of unsold homes and condos inched slightly higher, according to Housing Tracker's analysis of MLS listings. Highlights: -- Median listing ...

Senate Decides to Stay in Session; Congress Can 'Act Like Grown-Ups' - ABC News Blogs
ABC News' Z. Byron Wolf Reports: Senators were supposed to be out of session today to accommodate celebration of the Jewish New Year, and while there are no votes scheduled, they made the last-minute decision to stay in session. The two leaders of ...

Undernews: Rezko Alert - Slate
There isn't another contested Democratic primary for 9 more days ? What are we supposed to do in the meantime? Can't they speed the process up? ... 12:09.A.M. Only waterwork s works: Now he 's crying . [ via Lucianne ] 2:36 A.M. I'm as flummoxed as ...

Tax shock: Property taxes rising in down market - Miami Herald
Over the last two years, South Florida home prices have been in a tailspin, plunging by double-digit rates. So how did the value of Diane Jacobs' modest rental home in North Miami jump by 7 percent -- from $258,709 to $276,678? The question is ...