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What is a commercial mortgage?
A commercial mortgage is not the same as a residential mortgage. A commercial mortgage applies to commercial buildings or businesses. Businesspeople take out commercial mortgages.
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What affects Mortgage Rate?
From the Lenders' Perspective: The variables to considered with mortgages are: The size of the mortgage market, the rate variance (fixed vs. variable), the credit score of the borrower (FICO), the...
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When was the first mine shaft made?
Possibly before we had writing to keep records. Man has been mining and using metals since right after the Stone Age. Bronze is a metal, and had to be dug out of the ground as its component metals.
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How does a repossession affect a mortgage?
If your house is repossessed in the UK you will be entered on to The Council of Mortgage Lenders "Repossession Register"
Future mortgage companies check this register as part of their usual credit...
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How long can Mine Shafts be?
As of 2008, the deepest mine in the world is TauTona in Carletonville, SOuth Africa. It is 3,900 meters (3.9 km) deep. Second deepest is Savuka Mine in the North West Province of South Africa at...