How to Use home loan in a Sentence
home loan
noun-
The percentage will depend on the size of the home loan and the borrower’s credit score.
—Ed Stannard, Hartford Courant, 2 June 2024
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The fall in mortgage rates owes to a quirk in the relationship between interest rates and home loan costs.
—Max Zahn, ABC News, 25 Mar. 2023
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Mortgage rates are climbing again, raising the cost of a home loan to its highest level in seven months.
—Khristopher J. Brooks, CBS News, 31 May 2023
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Zillow says that first-time home buyers who are close to qualifying for a home loan may move forward or pause their search based on the rates.
—Sarah Yang, Sunset Magazine, 27 Mar. 2024
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The Fed influences but doesn’t directly set mortgage rates, so home loan costs may not decrease with a pause.
—Medora Lee, USA TODAY, 14 June 2023
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The Fed can impact but doesn’t directly set mortgage rates, so home loan costs may not shift significantly in the near term.
—Paul Davidson, USA TODAY, 26 July 2023
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So all homeowners get approximately the same lift or hit from a drop or rise in the costs of that U.S. institution, the benchmark 30-year home loan.
—Shawn Tully, Fortune, 19 Nov. 2023
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The couple said one of their priorities was to pay off their daughter's student loans, a home loan and several other bills.
—Jennifer Sangalang, USA TODAY, 11 Aug. 2023
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Yun’s prediction is similar: 6.8% for the 30-year home loan, on average.
—Tribune News Service, Hartford Courant, 1 Jan. 2024
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The Fed influences but doesn’t directly set mortgage rates, so home loan costs may not move significantly in the near-term.
—Medora Lee, USA TODAY, 26 July 2023
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Indeed, Sprecher notes that today, ICE is handling around 10% of all end-to-end home loan production on its digital platform.
—Shawn Tully, Fortune, 8 Sep. 2023
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The premier has promised relief to mortgage holders by extending home loan in order to reduce monthly payments.
—Alonso Soto, Clara Hernanz Lizarraga and Laura Millan, Bloomberg News, Anchorage Daily News, 24 July 2023
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Fluctuating Auto Loan Rates Auto loan rates, like home loan rates, will fluctuate over time.
—Elizabeth Rivelli, Car and Driver, 20 July 2023
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Many economists still expect that mortgage rates will ease moderately later this year, though most forecasts call for the average rate on a 30-year home loan to remain above 6%.
—Alex Veiga, Quartz, 11 Apr. 2024
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Typically, someone needs a credit score of 620 or higher from a traditional lender to qualify for a home loan.
—Lizzie Kane, Chicago Tribune, 11 July 2023
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Indeed, the principal and interest mortgage payments on a typical new home loan has more than doubled since the student loan payment pause began in March 2020, according to Zillow.
—Sydney Lake, Fortune, 26 July 2023
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Many economists are projecting that mortgage rates will continue heading lower this year, though forecasts generally have the average rate on a 30-year home loan hovering around 6% by the end of the year.
—Alex Veiga, Quartz, 8 Feb. 2024
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Apply for loan modification A loan modification enables homeowners to change the terms of their existing home loan rather than taking out a new one.
—Khristopher J. Brooks, CBS News, 3 Nov. 2023
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Mortgage origination fee: Typically between 0.5% and 1% of the cost of the home itself, the mortgage origination fee is what the home lender charges a homebuyer for starting a new home loan application.
—Khristopher J. Brooks, CBS News, 8 June 2024
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After clashing with Mozilo, Kurland departed to found and run the highly successful home loan platform PennyMac.
—Shawn Tully, Fortune, 18 July 2023
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Its target audience is the 45 million Americans considered to be credit invisible, and as a result, unable to get a home loan, affordable credit cards, certain school loans, and even a good job.
—Ellen McGirt, Fortune, 17 Feb. 2023
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The housing market is especially sensitive to interest rate fluctuations because most people acquire new homes with the help of a home loan, which can entail tens or hundreds of thousands of dollars in interest on top of the price of the home.
—Aaron Gregg, Anchorage Daily News, 22 Mar. 2023
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Government investigators found that by controlling almost every aspect of the home loan process, Countrywide could mark up costs, sometimes by more than 100 percent.
—Harrison Smith, Washington Post, 19 July 2023
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Zillow Home Loans pays an additional 2%, bringing the total down payment to 3%, which is typically the minimum payment required for a conventional home loan.
—Anna Bahney, CNN, 25 Aug. 2023
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'home loan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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