It means you may be able to move home and keep your interest rate for your current outstanding mortgage balance. (sainsburysbank.co.uk)
An epidemic of mortgage delinquency would decrease the value of outstanding mortgage - backed securities. (wealthlift.com)
A person having a huge outstanding mortgage loan balance to pay will be required to take higher life insurance than someone with little or no mortgage balance to pay. (myfinancekits.com)