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


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