[ US /ˈmɔɹɡədʒ, ˈmɔɹɡɪdʒ/ ]
[ UK /mˈɔːɡɪd‍ʒ/ ]
NOUN
  1. a conditional conveyance of property as security for the repayment of a loan
VERB
  1. put up as security or collateral
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How To Use mortgage In A Sentence

  • Net interest income dropped to $256.4 million, primarily due to the low market-interest rates that resulted in lower yields on mortgage-related interest-earning assets as customers refinanced to lower mortgage rates and new loans and asset purchases were at the current low market interest rates. Hudson City Bancorp Swings to Loss
  • She was determined to renegotiate the second mortgage for another year. BEAUTIFUL DREAMER
  • With most of Bradford's other income coming from mortgage broking, estate agency and property surveying, the decent yield really is at the mercy of house prices.
  • The only cloud on the immediate horizon is raising a mortgage - especially if you are a first time buyer.
  • Starting in April, mortgage servicers began signing up for the program.
  • In contrast, a fixed rate mortgage has a constant rate of interest which is charged over a specified period.
  • Mortgage brokers report that borrowers increasingly want the security of knowing how much their mortgage repayments will cost for the next decade. Times, Sunday Times
  • It used to be that homeowners would in effect be forced to save as they paid back the principal on their mortgage loan.
  • It's worth keeping in mind that household mortgage credit expanded at an 11.4% rate during the second quarter, a torrid pace likely being surpassed with the current refi boom.
  • In contrast to fifteen years ago, mortgages are commonly available to people over retirement age.
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