Mortgage in example sentence

“Surplus” Chinese savings made possible America’s credit expansion between 2003-2005, when the federal funds rate (the overnight rate at which US banks lend to one another) was held at 1%.Ultra-cheap money produced a surge in sub-prime mortgage lending – a market that collapsed when interest rates increased steadily after 2005, reaching 5%.The financial crisis of 2008 was the start of a highly painful, but inevitable, process of de-leveraging.

More example sentences with word mortgage

But right now, most of the companies involved in these supply chains don't have any way of assuring us that nobody had to mortgage their future, nobody had to sacrifice their rights to bring us our favorite brand name product.

It's a chattel mortgage, just like furniture, just like a car.

And so we end up with vain decisions, and we can't even afford our mortgage.

And that's 70 percent of the United States stock market, 70 percent of the operating system formerly known as your pension, your mortgage.

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