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mortgage rate

British  

noun

  1. the level of interest charged by building societies and banks on house-purchase loans

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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A missing piece from your letter: What is your mortgage rate?

From MarketWatch • Apr. 19, 2026

Experts say there is some momentum in mortgage rate reductions, but the situation remains delicate with borrowers still exposed to the possibility of sudden shifts in mortgage costs.

From BBC • Apr. 17, 2026

She locked in a 5.99% mortgage rate right before the war started.

From Los Angeles Times • Apr. 15, 2026

Changes in mortgage rates can take time to show up in home-sales data, partly because many buyers lock in their mortgage rate in advance.

From The Wall Street Journal • Apr. 13, 2026

Since the end of February, the 30-year mortgage rate has jumped 0.37 percentage point to 6.36%, according to Mortgage News Daily.

From Barron's • Mar. 19, 2026