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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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Price-Gouging

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Price gouging refers to the practice of having extortionate fees or rates in comparison to what is readily available on the current market. This practice is more commonly seen when a lender is already locked into a mortgage for a certain period of time.

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