In the context of real estate financing, the margin refers to the percentage added by the lender to the underlying index to determine the adjustable-rate mortgage (ARM) interest rate. The margin …
Market Conditions
Factors affecting the sale and purchase of homes at a particular point in time. …
Listing Inventories
The known number of houses for sale within a given market. …
Live-in Partnership
An arrangement in which two unrelated people purchase a home. …
Live-Work Space
An officially designated dwelling in which the occupant conducts a home-based business or enterprise. …
Load-Bearing Wall
A wall that supports not only its own weight, but the weight of other parts of a home. Also called a bearing wall. …