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"long term mortgage" is correct and can be used in written English.
It is typically used to describe an agreement between a borrower and lender in which the borrower pays a certain amount each month over the course of a long period of time. For example, "John took out a long term mortgage to finance the purchase of his new home."
Exact(1)
Go for a long term mortgage loan.
Similar(59)
Table: Are long term mortgages worth it?
A whole lot of those folks, especially those in minority communities were not given the option of choosing safe, low-interest, fixed rate, long term mortgages like other Americans.
So, that's the idea of a long-term mortgage.
He issued a statement saying that U.K. should finally adopt the long-term mortgage.
And so the U.S. government imposed the long-term mortgage on the mortgage industry.
The Fed's bond purchases have helped keep long-term mortgage and other rates low.
By lowering long-term mortgage rates, for instance, it has boosted the housing market.
The company now carries a $3.4 million long-term mortgage on its 33-acre campus.
REFINANCING typically soars when long-term mortgage rates drop, and recent history is no exception — except in New York.
The relationship between the 10-year Treasury note and long-term mortgage rates changed during the mortgage crisis, however.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com