variable rate mortgage
mortgage
verb[ T ]
 FINANCE, PROPERTYuk /ˈmɔːɡɪdʒ/us
to borrow money using property as security (= an asset that will belong to the lender if the borrower does not pay back the loan):
mortgage sth to do sthHe mortgaged his home to help finance the project.
The company mortgaged its assets to secure a $23 billion credit line.

Examples of mortgage

mortgage
Deducting the amount of outstanding mortgage then produces an estimate of the amount of equity each respondent has tied up in his or her home.
This was also the first time that the farm passed into the hands of a mortgage holder.
In other cases eviction followed failure to keep up mortgage payments.
Where land titles were sufficiently explicit and secure, mortgage credit and land markets emerged.
Yet the law also required that all free bank notes be backed onefor-one with high-grade bonds or mortgages deposited with the state's comptroller.
He also knew that he had to continue working for several more years because his mortgage would close when he was 75 years old.
The family's business dealings often involved huge investments, which sometimes required loans taken off mortgages on family property.
In comparison, public pension funds invest more in real estate, primarily through direct investments and mortgage loans for their employees.
Most important was the local nature of the mortgage market in which ' custom ' prevented interest rates from floating above six per cent per annum.
The authors set themselves the difficult tasks of addressing a broad audience of academics, policy-makers, mortgage lenders, housing associations, the voluntary sector and pressure groups.
Furthermore, the property crash particularly affected new entrants to the market, who were left with high mortgages and negative equity.
Older owner-occupiers are likely to have paid off their mortgages or have mortgages which are small in relation to the market value of their homes.
As might be expected, aggregate mortgage debt is positively correlated with the proportion of householders who have mortgages (correlation = 0.78).
Researchers are not social planners, just human beings with kids to raise, tax bills and mortgages to pay.
Achieving an understanding of mortgagees' motivations is complicated by our discovery that mortgages were not all the same.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Collocations withmortgage

mortgage

These are words often used in combination with mortgage.

Click on a collocation to see more examples of it.

commercial mortgage
Secondly, the time which is required to incorporate the standard assessment procedure into the highly competitive commercial mortgage valuation business is significant.
From the
Hansard archive