Can anyone please tell me what an open ended mortgage means? :-[
Hi …i have a dumb question…what does REF stand for?
REF IS ABRIVIATION FOR REFERENCE, SORRY I SHOULD HAVE USED THE FULL WORD
This is in the Investing Glossary to your left…
Mortgage (Open-End) - A mortgage that allows additional money to be borrowed (up to the original loan amount) without refinancing the loan or paying additional financing charges