Phrases with «subprime»

plainhierarchy
The word "subprime" refers to a financial term used to describe loans or mortgages that are given to people who have a low credit score or a high risk of not being able to pay it back. It is often associated with higher interest rates and a greater chance of defaulting on the loan. Full definition

Sentences with «subprime»

  • These days, nearly everyone speaks poorly of subprime mortgage loans. (homebuyinginstitute.com)
  • A growing volume of subprime loans in recent years has resulted in record - level defaults as borrowers struggle to make the higher payments. (nreionline.com)
  • With some 5 percent of subprime mortgage borrowers facing trouble and global investors wondering if prime mortgages remain a smart investment, these are indeed challenging times for real estate. (realtormag.realtor.org)
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