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 fell 0.3% for the week but were 94% higher than a year ago. —Diana Olick, CNBC, 4 Sep. 2024

High home loan borrowing costs and record-high home prices discouraged many would-be homebuyers this spring, traditionally the busiest period of the year for the housing market. —Sasha Rogelberg, Fortune, 4 July 2024

Lower rates are just one factor when refinancing a home loan American Airlines regional flight attendants to hold strike authorization vote CT horror group hosts showings in spooky locations. —Hartford Courant, 10 Aug. 2024

The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May. —Sasha Rogelberg, Fortune, 4 July 2024