Refers to the period extending from the beginning of the year to the present. In real estate, it's used in financial summaries to show changes in asset or liability amounts since the beginning of the …
Yuppie
An informal term used to refer to a young urban professional. …
Yield Spread Premium (YSP)
This is the fee paid to a mortgage broker based on selling an interest rate above the wholesale par rate that the borrower qualifies for. The higher the interest rate above par, the higher the fee …
Yield Rate
Also known as the "cap rate," the yield rate is the net income from a property investment, expressed as a percentage of the property's market value. …
Yearly Renewable Term Insurance
This is a term used to describe insurance policies that are renewed annually. These policies can often be renewed each year without a physical examination. …
Yard
In real estate terms, a yard is an open space on a lot that is in addition to the area occupied by the building structure. …