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A subprime mortgage—now known as nonprime mortgages—is a type of loan granted to those who would not be able to qualify for conventional home mortgages.
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A subprime mortgage is normally issued to borrowers with lower credit ratings. It typically carries a higher interest rate that can increase over time.
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A mortgage is a type of loan used to purchase or maintain a home, plot of land, or other type of real estate. The borrower agrees to pay the lender over ...
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Mortgage-backed securities (MBS) are an investment similar to a bond that consist of a bundle of home loans bought from the banks that issued them.
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A subprime loan is a loan offered at a rate above prime to individuals who do not qualify for prime-rate loans.
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A home mortgage is a loan given by a bank, mortgage company, or other financial institution for the purchase of a primary or investment residence.
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A mortgage is a loan used to buy a house or real estate. Browse Investopedia's expert-written library to learn about rates, approval, closing costs and ...
The term mortgage interest is the interest charged on a loan used to purchase a piece of property. The amount of interest owed is calculated as a percentage ...
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