Mortgage Debt

Mortgage Debt

The balance still owed on a mortgage. One's level of mortgage debt compared to his/her equity or other assets may determine how much he/she can borrow. See also: Refinancing.
References in periodicals archive ?
Global Banking News-November 9, 2015--Swedes face prospect of rising mortgage debt
Mortgage refinancing Consumers continue to refinance existing mortgage debt into lower rates and shorter terms also putting downward pressure on overall mortgage debt.
31 will save Foster, who works for a nonprofit ministry group, from having to pay the IRS about $28,000 next year on $100,000 of mortgage debt canceled by his bank as part of a short sale on his condo.
Arkansans reported less mortgage debt than their neighbors in Oklahoma and Missouri, according to the latest consumer sentiment survey from Arvest Bank.
According to Saga Personal Finance, four in 10 over-50s are paying off mortgage debt of around PS49,000.
The CML figures show that the postcode area of SW18 3, in South West London, has the highest level of outstanding mortgage debt in Britain, at PS667m.
The CML figures show that the postcode area of SW18 3 in South West London, which covers areas such as Wandsworth and Earlsfield, has the highest level of outstanding mortgage debt in Britain, at PS667m.
Woodwell added that originations remained essentially flat to last year's first quarter, but mortgage debt outstanding continued to grow and loan performance continued to improve.
4 billion off their mortgage debt in the second quarter of this year, as ultra-low interest rates helped them to pay down what they owe.
4 billion off their mortgage debt in the second quarter of this year, as ultra low interest rates helped them to pay down what they owe.
5%, households accounting for 9% of mortgage debt would be forced to take action, the Bank said.
LONDON, OCT 3, (KUNA) -- Britons reduced their mortgage debt by 9.

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