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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.

Both housing packages include efforts to help Americans secure mortgages.

From The Wall Street Journal

Homeownership has long been many Americans’ primary strategy for generating long-term wealth, both because home values generally increase over time and because paying down a mortgage is a way of forcing people to save.

From The Wall Street Journal

“And with mortgage rates steady around 6.1% for several weeks now, everything is moving in the right direction for improving housing affordability heading into spring,” he added.

From MarketWatch

Yet for people who bought homes in the past three years, paying much higher prices and steeper mortgage rates, delinquencies have been picking up, Taiano noted.

From MarketWatch

But the long-term payoff — particularly for something like qualifying for a mortgage — is less certain, and renters would need to weigh the fee against potential interest savings in their specific situation.

From MarketWatch