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

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Applications to refinance a home loan have been hit hardest by higher rates, as a shrinking pool of borrowers can now find much relief. — Diana Olick, CNBC, 14 Oct. 2026 But home loan rates have been volatile, briefly dipping below 5% in February before climbing amid surging government bond yields, rising inflation and geopolitical tensions. — Aimee Picchi, CBS News, 9 Oct. 2026 The roughly 1 percentage point increase in the rate since then translates roughly into an additional $276-a-month cost for a borrower financing a $400,000 home loan at the current average rate. — Michelle Chapman, Los Angeles Times, 2 Oct. 2026 The rate on a 30-year home loan topped 7% for the first time since early 2025 last week. — David Goldman, CNN Money, 1 Oct. 2026 See All Example Sentences for home loan

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“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 20 Oct. 2026.

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