Foreclosures Glossary - Letter Q

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qualifying ratio: A ratio that is calculated by the lender to determine how much a potential buyer can borrow.
Queen Anne style: A Victorian-era style of architecture and furniture dating back to the late 19th century.
quiet enjoyment: The right of an owner of property to use the property without interference.
quiet title suit: A lawsuit that is filed to determine who has the legal rights to a property.
quitclaim deed: A document that releases a party from any interest in a piece of real estate.
quoin: The exterior angle of a wall or any of the stones used in forming the angle.

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National Overnight Averages	TODAY	Last Week
3/1 Year ARM	3.58%	3.63%
1 Year ARM	3.47%	3.5%
30 Year Fixed Mortgage	5.15%	5.17%
15 Year Fixed Mortgage	4.62%	4.63%
5/1 Year ARM	3.61%	3.66%