Home Mortgage

(redirected from Home Mortgages)

Home Mortgage

A loan used to buy real estate where one resides. A home mortgage is secured by the property it is used to purchase. One must make monthly payments on a home mortgage, and there is a set term before full payment is due, often 15, 20 or 30 years. Some mortgages have fixed interest rates, while others have variable interest rates. If one defaults on a home mortgage, the bank making it may take possession of the real estate and sell it to recover its investment. Some banks, notably savings and loans, specialize in making mortgage loans. In the United States, home mortgages have more favorable tax implications than mortgages on other properties. See also: Mortgage-backed security.
References in periodicals archive ?
Commerce Home Mortgage, LLC originates home mortgages through its lending offices located in California, Arizona, Colorado, Florida, and Georgia.
More than 53,000 - or 7% of all family home mortgages in the State - owe over three months' repayments.
Canada's banks should share more of the risk on home mortgages and the Canada Housing and Mortgage Corp.
The agency, which insures 40 million home mortgages, is struggling with $5 billion in losses on its reverse mortgage program when many borrowers took large payments up-front and later ran into problems during the financial crisis.
29, 2012 (CENS) -- Due to mandatory registering of actual selling prices of properties, five government- linked banks witnessed a seven-month low in combined home mortgages of NT$37.4 billion (US$1.25 billion) in September, plummeting a monthly NT$8.4 billion (US$280 million), according to the statistics released by the central bank.
home mortgages is now either delinquent or in foreclosure, and 13.6 million families owe more on their mortgage than their home is worth.
Are you really getting opt-in addresses who want information about home mortgages?
"There can be little doubt that exceptionally low interest rates on 10-year Treasury notes, and hence on home mortgages, have been a major factor in the recent surge of homebuilding and home turnover, and especially in the steep climb in home prices.
FPA will also supply NCGA with Financial Planning Perspectives (FPP) articles to distribute to their membership, which cover issues ranging from retirement to home mortgages. In addition, a link to FPA's PlannerSearch on the NCGA Web site will connect corn growers with CFP professionals.
The project represents the first offshore purchase of Guatemalan home mortgages and OPIC's first insurance coverage for a mortgage securitization.
Our job at City & Suburban is to provide financial counseling to guide them through the process and to provide home mortgages to those who are qualified."
In Supplement I to Part 226, under Section 226.32--Requirements for Certain Closed-End Home Mortgages, under Paragraph 32(a)(1)(ii), paragraph 2.viii.