Exchange Currency

long-term mortgage

Mortgage which lasts for 40 or more years. These can be considerably more expensive than shorter mortgages because of the greater risks involved in lending for a longer period of time and because of the additional interest which compounds over such a long period of time.

Related information about long-term mortgage:
  1. What is long-term mortgage? definition and meaning
    Definition of long-term mortgage: Mortgage which lasts for 40 or more years. These can be considerably more expensive than shorter mortgages because of the ...
     
  2. What is a Long Term Mortgage?
    A mortgage is a long-term loan arranged through a bank, another lender, or the seller of a property. A long term mortgage is one that is extended beyond the life ...
     
  3. What is long term mortgage? definition and meaning
    Definition of long term mortgage: In general, a mortgage with a maturity period of 40 years or more.
     
  4. Long-term Mortgage Rates Up Slightly - HispanicBusiness.com
    Oct 26, 2012 ... Fixed mortgage rates on long-term loans in the United States rose modestly in the week that ended Thursday, the Federal Home Loan ...
     
  5. Why a Long-Term, Fixed-Rate Home Loan Makes Sense - Kiplinger
    But a long-term mortgage, at fixed rates so low you're unlikely to see them again in your lifetime, can work to your advantage. A mortgage keeps your assets ...
     
  6. Weighing short-term vs. long-term mortgage consequences | Inman ...
    Mar 19, 2012 ... Borrowers: Avoid being 'cash-dazzled' or 'payment-myopic'. Mortgage borrowers frequently make bad decisions, in part reflecting the ...
     
  7. Long-term mortgage rates hit record low levels, survey shows ...
    Jun 6, 2012 ... The Mortgage Bankers Association published this week the results of a survey that includes the purchase application index, which has been ...
     
  8. Long-term mortgage rates up slightly - UPI.com
    Oct 25, 2012 ... Fixed mortgage rates on long-term loans in the United States rose modestly in the week that ended Thursday, the Federal Home Loan ...