home loan
noun
: a legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years
Examples of home loan in a Sentence
Recent Examples on the Web
Applications to refinance a home loan, which are most sensitive to weekly moves in interest rates, jumped 37% for the week and were 83% percent higher than the same week one year ago.
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Diana Olick, CNBC, 5 Mar. 2025
Last month, borrowing costs on a 30-year home loan surged to 6.85 percent, according to mortgage buyer Freddie Mac.
—Suzanne Blake, Newsweek, 27 Jan. 2025
As a result, this lowers the interest amount, also known as the percent someone is charged on a home loan.
—Emma Hall, Sacramento Bee, 18 Jan. 2025
Applications to refinance a home loan responded to that small drop, rising 12% from the previous week and 17% from the same week a year ago.
—Diana Olick, CNBC, 5 Feb. 2025
See All Example Sentences for home loan
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Diana Olick, CNBC, 5 Mar. 2025
Last month, borrowing costs on a 30-year home loan surged to 6.85 percent, according to mortgage buyer Freddie Mac.
—Suzanne Blake, Newsweek, 27 Jan. 2025
As a result, this lowers the interest amount, also known as the percent someone is charged on a home loan.
—Emma Hall, Sacramento Bee, 18 Jan. 2025
Applications to refinance a home loan responded to that small drop, rising 12% from the previous week and 17% from the same week a year ago.
—Diana Olick, CNBC, 5 Feb. 2025
See All Example Sentences for home loan
Cite this Entry
“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 13 Mar. 2025.
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