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Margin
Margin An amount the lender adds to an index to determine the interest rate on an adjustable rate mortgage.
RELATED TERMS--------------------------------------
Lender
A term which can refer to the institution making the loan or to the individual representing the firm.
Index
A measurement used by lenders to determine changes to the Interest rate charged on an adjustable rate mortgage.
Interest
Money paid to a lender as compensation for money that is borrowed.
Rate
Percentage a borrower pays for the use of money, usually expressed as an annual percentage.
Mortgage
A legal document pledging property as security for the payment of a loan.
SIMILAR TERMS--------------------------------------
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Manifest system
Tracking of hazardous waste from "cradle to grave" (generation through disposal), with accompanying documents known as "manifests."
Mansard roof
A roof with four sides that slope upward from the roof edge to the square peak.
Mantel
The facing of stone, marble or other material around a fireplace.
Manufactured home
A structure (transportable in one or more sections) when in the traveling mode, is eight body feet or more in width, or 40 body feet or more in length, or, when erected on site, is 320 or more square feet.
Manufactured housing
Factory-built home that can be placed temporarily or permanently upon land. Styles vary from modest trailers to dwellings that look like site-built houses.
Margin
Mark to market
The process of increasing or decreasing the original investment cost or value of a property asset or portfolio to a level estimated to be the current market value
Market
A place where goods can be bought and sold and a price established.
Market analysis
An analysis performed to determine the current value of a property based on recently sold comparable properties, comparable properties that are currently for sale and the current overall market conditions.
Market approach
A method of pricing single-family rental homes and condos using comparable market data. When pricing multiple unit rental properties, the income approach is probably better.
Market capitalization
One measure of the value of a company; it is calculated by multiplying the current share price by the current number of shares outstanding.
This dictionary contains 6433 terms. |
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