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Definitions

mortgage

[mawr-gij] / ˈmɔr gɪdʒ /
NOUN
loan agreement
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

His household income is $150,000, he has a mortgage with a 6.1% interest rate, and he is putting away about 15% of his income for retirement, including his employer match.

From MarketWatch • Apr. 9, 2026

HOA and condo fees aren’t the biggest expense in many household budgets, but they are rising at the same time as near-record home prices and elevated mortgage rates have worsened home-buying affordability.

From The Wall Street Journal • Apr. 9, 2026

Instead, people are finding out they’re underinsured, that their insurance money is tied to their mortgage, that they don’t quality for a loan or that the loan they received has major restrictions.

From Los Angeles Times • Apr. 9, 2026

Right before the start of the conflict, mortgage rates fell below 6% for the first time since 2022.

From MarketWatch • Apr. 9, 2026

Senate that he saw no more than $100 billion in losses in the subprime mortgage market, FrontPoint did something unusual: It hosted its own conference call.

From "The Big Short" by Michael Lewis