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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.

My wife and I bought it at an opportune moment many years ago and can’t afford to move—transaction costs and mortgage rates being what they are.

From The Wall Street Journal

The product manager for an investment firm feels thankful to have secured a 3% mortgage before the pandemic, when he bought a home that has since soared in value.

From The Wall Street Journal

"We're still in limbo, the mortgage still hasn't been redeemed, and nothing is actually resolved at this stage," she said.

From BBC

“Even if the Fed lowers policy rates to stimulate the economy, borrowers may not get as much benefit from this on new mortgages or even with auto financing, which covers two- to five-year periods.”

From MarketWatch

A Treasury curve that remains steeper around the same time the Fed is ready, or expected, to cut rates translates into a more difficult time for consumers or businesses looking for mortgages or long-term loans.

From MarketWatch