paying off a mortgage
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Mortgage acceleration — is a term given to the practice of paying off a mortgage loan faster than required by terms of the mortgage agreement. As interest on mortgages is compounded, early payments diminish the period needed to pay off the mortgage, and avoid a quotient … Wikipedia
Pay Off Your Mortgage in Two Years — is a television programme first aired on BBC2 in Early 2006. Its follow up series Did They Pay Off Their Mortgage in Two Years? began airing in January 2007. Presented by business expert René Carayol, the programme is an experiment that aims to… … Wikipedia
mortgage — 01. It will take us at least 25 years to pay off the [mortgage] on our house. 02. A couple of friends of mine are having a party to celebrate the fact that they ve just finished paying off the [mortgage] on their house. 03. They ve just bought a… … Grammatical examples in English
mortgage belt — /ˈmɔgɪdʒ bɛlt/ (say mawgij belt) noun an area in which most people are paying off a mortgage on their home. {modelled on Bible Belt} …
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
redemption of mortgage — paying off a mortgage … English contemporary dictionary
mortgage — mort·gage (môr’gĭj) n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of such a loan. 3. The repayment obligation associated with such a loan:… … Word Histories
mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… … Law dictionary
Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
mortgage — /mawr gij/, n., v., mortgaged, mortgaging. n. 1. a conveyance of an interest in property as security for the repayment of money borrowed. 2. the deed by which such a transaction is effected. 3. the rights conferred by it, or the state of the… … Universalium
Mortgage cashback — Some mortgage lenders, particularly in the United Kingdom, give a one off lump sum payment to new borrowers at the beginning of a mortgage. Called cashback, this lump sum is often marketed as free cash, but it is in fact funded by the mortgage… … Wikipedia