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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

Americans, already unhappy with the cost of living, want relief from rising fuel costs and climbing mortgage rates.

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

Chauhan hopes to pay off his mortgage by the time his child is 18 years old and be able to pay for college with his income at that point.

From MarketWatch • Apr. 9, 2026

He’d bought insurance on a lot of truly crappy subprime mortgage bonds, created from loans made in 2005, but they were his credit default swaps.

From "The Big Short" by Michael Lewis