mortgage market Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “mortgage market” in the English Dictionary

"mortgage market" in Business English

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mortgage marketnoun [C]

uk   us   FINANCE
(also primary mortgage market) the ​business of ​lendingmoney to ​buyhouses and other ​property
(also secondary mortgage market) the ​business of ​buying and ​selling mortgages : The ​secondarymortgagemarket helped ​dilute the ​risk to ​lenders by ​buying and ​packaging the ​loans into securities ​paying high ​interestrates.
(Definition of mortgage market from the Cambridge Business English Dictionary © Cambridge University Press)
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“mortgage market” in Business English

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