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Euro mortgage |
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Euro mortgageA mortgage taken out by those paid in Euros to avoid the need to exchange currency.Euro mortgage Similar MatchesPackage mortgagePackage mortgageA mortgage on a house and property in the house. Federal National Mortgage AssociationFederal National Mortgage AssociationIn the US, a government-backed corporation which purchases mortgages from lenders and resells them to investors. It is financed by the issue of debt securities. Equity shares, known as Fannie Maes, are traded on the New York Stock Exchange. Adjustable rate mortgageAdjustable rate mortgageIn the US, a mortgage in which the interest rate is liable to change over the term of the loan and which is dependent on influences such as interest rates on US Treasury securities. Reverse annuity mortgageReverse annuity mortgageA mortgage that permits elderly people who own their home outright to receive an income for life in return for gradually relinquishing ownership in the property. Mortgage interest relief at sourceMortgage interest relief at sourceThe mechanism by which income tax relief was extended to a borrower on the interest paid on the first £30,000 of a mortgage on their main home.The system was known as MIRAS, and was operated by most building societies, banks and insurance companies, who would reduce the amount of interest eligible borrowers had to pay every month, and then claim the tax relief back from the Inland Revenue.The amount of relief available on MIRAS was gradually scaled down to 10% and ended altogether from 6th April 2000. Further SuggestionsMortgagePrivate Mortgage Insurance mortgage interest deduction Mortgage Banker Secondary mortgage market Flexible mortgage Wraparound mortgage Federal National Mortgage Association (FannieMae) Take back mortgage mortgage life insurance Mortgage REIT Mortgage Backed Securities Clearing Corporation (MBSCC) Direct Reduction Mortgage Junior mortgage Tracker mortgages Index tracker mortgage interest only mortgage Deferred interest mortgage Mortgage application fee Self certification mortgage First mortgage H Hard Money Mortgage Foreign currency mortgage Lehman Brothers Mortgage Backed Securities Index Mortgage advance |
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