mortgage interest

Definition

Amount of money a home mortgage borrower pays to the mortgage lender in exchange for providing the money to purchase the borrower's home. Mortgage interest paid is tax deductible.

Related Videos




http://www.businessdictionary.com/definition/mortgage-interest.html

Mentioned in these terms

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z