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mortgage (mrgj) n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of such a loan. 3. The repayment obligation associated with such a loan: a family who cannot afford their mortgage. 4. The right.
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Definition of mortgage: A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a.
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WASHINGTON (Reuters) – U.S. home loan originations fell 12.6% last year as the Federal Reserve raised interest rates, pushing borrowing costs higher, and new tax laws capped the deductibility of.
Several benchmark mortgage rates tapered off today. The average rates on 30-year fixed and 15-year fixed mortgages both fell.
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Mortgage: A mortgage is a debt instrument , secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages.
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