Sentence examples for mortgages allowed from inspiring English sources

Flexible mortgages allowed consumers to tap some of their housing wealth.

During the housing boom, subprime mortgages allowed borrowers with little in the bank to buy homes.

The central government has set stringent though undisclosed limits on how much money each bank can lend, clamped down on real estate speculation by limiting the number of mortgages allowed for each citizen and begun cracking down on many forms of semilegal and illegal lending.

These mortgages allow only a small down payment and have less stringent credit requirements than traditional mortgages.

Offset mortgages allow you to sacrifice a higher rate of savings in order to pay less interest on a mortgage.

In fact, a "special rule" for home mortgages allows lenders to prevent normal bankruptcy relief for borrowers.

Such mortgages allow homeowners to tap existing home equity to receive a lump sum or monthly checks.

Negative equity mortgages allow people to move house despite owing more than their current home is worth.

Reverse mortgages allow people age 62 and older to tap what may be their biggest asset, their home equity, without having to make any payments.

While such mortgages allow borrowers to buy more-expensive houses, they do not necessarily make borrowers more willing to pay inflated prices.

This has cushioned consumer wealth from the fall in share prices and encouraged households to refinance mortgages, allowing them to keep up their spending.