home loan
noun
: a legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years
Examples of home loan in a Sentence
Recent Examples on the Web
Most economists’ projections call for the average rate on a 30-year home loan to remain above 6% this year.
—
Sasha Rogelberg, Fortune, 4 July 2024
The average interest rate on a 30-year home loan is 6.95%, up from 6.81% a year ago, according to Freddie Mac.
—Khristopher J. Brooks, CBS News, 3 July 2024
Hernandez refinanced her home loan in 2016 using an adjustable-rate mortgage loan, which has a low introductory rate for a fixed initial period.
—Samantha Delouya, CNN, 1 July 2024
The average rate on a typical 30-year home loan fell to 6.87% this week, down from 7.22% in early May, according to Freddie Mac.
—Ethan Varian, The Mercury News, 24 June 2024
See all Example Sentences for home loan 
Sasha Rogelberg, Fortune, 4 July 2024
The average interest rate on a 30-year home loan is 6.95%, up from 6.81% a year ago, according to Freddie Mac.
—Khristopher J. Brooks, CBS News, 3 July 2024
Hernandez refinanced her home loan in 2016 using an adjustable-rate mortgage loan, which has a low introductory rate for a fixed initial period.
—Samantha Delouya, CNN, 1 July 2024
The average rate on a typical 30-year home loan fell to 6.87% this week, down from 7.22% in early May, according to Freddie Mac.
—Ethan Varian, The Mercury News, 24 June 2024
See all Example Sentences for home loan
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'home loan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near home loan
Cite this Entry
“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 27 Jul. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share