Investor Glossary-residential mortgageInvestor Glossary-residential mortgageInvestor Glossary-residential mortgageInvestor Glossary-residential mortgageInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Residential Mortgage

The HTML to link to this page
 

A residential mortgage is a mortgage loan for residential property, generally for a no more than 4 family property. Many types of residential mortgages are available and the diversity of options has increased in recent years. Residential mortgage options included both the fixed rate and adjustable rate mortgage. A residential mortgage can be a fully amortizing conventional mortgage, as well as a negative amortization, interest only, or balloon payment loan. A residential mortgage can be either a private loan, or backed by the government in the case of FHA and VA loans. Today, it is very common to refinance the residential mortgage, perhaps substituting one type of loan for another. In some years, residential mortgage refinance volume far exceeds new purchase volume. The US residential mortgage market is enormous, with trillions of dollars of mortgage debt outstanding. Much of this residential mortgage debt has been securitized and sold to investors in the form of mortgage-backed securities.



Rate this residential mortgage definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, wholly-owned subsidiary, risk management, phantom income, class C shares, deferred tax, minority interest, 1031 exchange, command economy, stock market close, VIX, 144a, average price per share, cancelled check, deferred revenue, 401a, 1035 exchange, EBITDA, required rate of return, debt service coverage, option premium, current ratio, margin rate, open position, limit order, reverse mortgage, FICO score, Zero Cost Collar, covered put, ex-dividend, FTSE, real GDP, liquidity ratio, LIBOR, labor relations, balance sheet, implied volatility, Key Rate Duration, irrevocable trust, diluted share, quality assurance, retained earnings, stock split, inflation, APR, ex-dividend date, dividends payable, annual return, per diem


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use