borrow on the mortgage
41Canada Mortgage and Housing Corporation - CMHC — An organization sponsored by the Canadian government that provides mortgage loans to home buyers. Started as a crown corporation, the Canada Mortgage and Housing Corporation offered housing to soldiers returning from WWII. Over time the CMHC… …
42Financial history of the Dutch Republic — describes the history of the interrelated development of financial institutions in the Dutch Republic. The rapid economic development of the country after the Dutch Revolt in the years 1585 1620, described in Economic History of the Netherlands… …
43Timeline of the United States housing bubble — The United States housing bubble is over. Housing prices peaked in early 2005, began declining in 2006 and may not yet have hit bottom.Timeline 1985–2008*1985–1991: Savings and Loan crisis **January 1989: One month drop in sales of previously… …
44Jumbo mortgage — In the United States, a jumbo mortgage is a mortgage with a loan amount above the industry standard definition of conventional conforming loan limits. This standard is set by the two largest secondary market lenders, Fannie Mae and Freddie Mac.… …
45Canadian Rollover Mortgage — A home mortgage with an adjustable rate feature. The Canadian Rollover mortgage differs from a 30 year fixed rate mortgage, in that the loan s interest rate is adjusted every five years, with no cap on the interest rate adjustment. The Canadian… …
46List of British words not widely used in the United States — Differences between American and British English American English …
47Institutional discrimination in the housing market — Discrimination and segregation in the United States housing market has endured despite the condemnation of discriminatory practices. Institutionalized, or systematic, racism occurs even though overt racist policies have been discontinued. Race is …
48flexible mortgage — A new type of mortgage that is becoming more popular, especially among the self employed and other people who may experience uneven cash flow. It allows you to vary your monthly payments without any penalty, and even to take a payment holiday for …
49reverse mortgage — A mortgage agreement allowing a homeowner to borrow against home equity and receive tax free payments until the total principal and interest reach the credit limit of equity, and the lender is either repaid in full or takes the house. Bloomberg… …
50purchase-money mortgage — A mortgage given by a buyer in lieu of cash when the buyer is unable to borrow commercially for the purchase of property. Bloomberg Financial Dictionary …
