Margin  Mortgage Glossary

Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:



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With adjustable mortgages it is common that the rate is expressed as the index plus x%, i.e. the base interest rate plus 2%. The margin is whatever the percentage above index is, so in this case it would be a margin of 2.

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Mortgage Glossary

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