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mortgage English

Meaning mortgage meaning

What does mortgage mean?
Definitions in simple English

mortgage

A mortgage is a loan for the purpose of paying for a house, apartment, building, etc. For five-year adjustable-rate mortgages, interest rates rose to 5.58 percent. They can't refinance because the mortgage is higher than the real value of their home. Unlike traditional 30-year fixed mortgages, these loans are often adjustable. Credit card, auto loan, and mortgage lenders, along with bankers, are being much more careful about their borrowers. By November she had missed two of the monthly mortgage payments on the three-bedroom home.

mortgage

If you mortgage your home, you borrow money and promise to give up your home if you can't pay back the money. Henderson's parents mortgaged their house in Cuthbert to buy a piano for the front parlor. If you mortgage your future, you enjoy something now even though it will cause problems in the future. We're mortgaging our children's future instead of investing in it.

mortgage

a conditional conveyance of property as security for the repayment of a loan put up as security or collateral

Synonyms mortgage synonyms

What other words have the same or similar meaning as mortgage?

Topics mortgage topics

What do people use mortgage to talk about?

Conjugation mortgage conjugation

How do you conjugate mortgage?

mortgage · verb

Examples mortgage examples

How do I use mortgage in a sentence?

Simple sentences

My house is a mortgage-free house.
When Tom lost his job, he couldn't keep up his mortgage repayments and he was threatened with foreclosure.
The worst-case scenario is that Tom will lose his job and won't be able to keep up his mortgage payments.
A mortgage is a kind of loan that people can use to buy a house.
He took out a mortgage from the bank in order to buy a house.
In some larger cities, people must stint on food and clothing in order to make rent or mortgage payments.

Movie subtitles

I say, I'd mortgage the old homestead for a drink.
Mortgage on Tara.
Well, I've saved about 1 0.. andCharlieMeadowspromisesto let me have the balance on mortgage.
Like a mortgage?
Maybe in Norway they marry to pay off the mortgage, but not here.
Family means a house has a mortgage, the kids have measles and the old man pays for the insurance when he's dead.
Nice of you to give that mortgage to the church.
I bought the mortgage on the Hardman ranch.
A little. For mortgage.
It's the mortgage.
That was the day they paid off the mortgage.
You should have burned the mortgage.
The point is, how much of that is interest which is deductible. and how much is actual mortgage payment, which is not?
You got a mortgage due on your place in five weeks.
I'll give you a note, a mortgage.
I spoke to Mr Schaffer at the Guaranty. He'll take care of your mortgage.
But, Mr Dickson, I thought you were taking care of the mortgage.
Get Parker at the Union, Read at the Exchange, Winslow and old man Harris at the Home Mortgage.
You mean the mortgage?
That old stingely Barnaby holds the mortgage against this shoe.
Say, aren't you gonna ask him about the money to pay off the mortgage?
Aren't you gonna ask him about the money for the mortgage?
This wretched man seems to think that we haven't got. the money to pay off the mortgage. But we have, haven't we!
If only he didn't have that mortgage.
Stannie and me will find a way to get the mortgage from that old buzzard!
Then we'll get the mortgage.
Oh yes. The mortgage.
Besides, your mortgage interest has been due since last fall.
This is the Benson mortgage.
You could mortgage this house.
You owe the Knickerbocker Savings and Loan Company. five payments on this mortgage.
I'll wager you're the man with the mortgage.
You've heard about the mortgage?
My old man happens to own the mortgage.
Your father holds the mortgage?
Mr. Haines is gonna give us a mortgage to take care of the difference.
It wouldn't be a church without a mortgage.
Mr. Haines. Nice of you to give that mortgage to the church.
It wasn't anybody's till you paid off the mortgage.
Not sell. just mortgage it to get cash, buy a boat and be on our own.

News and current affairs

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.
In particular, they should have paid greater attention to the sustainability of US mortgage and consumer debt.
After the subprime crisis erupted, mortgage and consumer debt was paid down by households either with their savings or by default.
Of course, there is no glee in seeing stock prices tumble as a result of soaring mortgage defaults.
Too many Americans built no cushion into their budgets, and mortgage companies, focusing on the fees generated by new mortgages, did not encourage them to do so.
Now reality has hit: newspapers report cases of borrowers whose mortgage payments exceed their entire income.
Globalization implies that America's mortgage problem has worldwide repercussions.
But lower short-term interest rates have led to higher medium-term interest rates, which are more relevant for the mortgage market, perhaps because of increasing worries about inflationary pressures.
It may make sense for central banks (or Fannie Mae, America's major government-sponsored mortgage company) to buy mortgage-backed securities in order to help provide market liquidity.
The growing gap between mortgage debts and house prices will continue to increase the rate of defaults.
Declining house prices are key to the financial crisis and the outlook for the economy, because mortgage-backed securities, and the derivatives based on them, are the primary assets that are weakening financial institutions.
Alternatively, it could have intervened by instituting planning regulations or imposing limits on mortgage loans.
Most people just pay off their mortgage, make the mandatory contributions to their state or private pension (if they have one), and keep some money for short-run contingencies.
The first run on a bank occurred against the British mortgage lender Northern Rock.
Ultimately, these financial failures reflect the downward spiral of house prices and the increasing number of homes with negative equity, i.e., with substantial mortgage debt in excess of market values.
Many homeowners who can afford to make their mortgage payments will choose to default, move to rental housing, and wait to purchase until house prices have declined further.
First, housing can be made more affordable for poor and middle-income Americans by converting the mortgage deduction into a cashable tax credit.

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