Whois & Analysis for housingwire.com

A mortgage loan, also referred to as a mortgage, is used either by purchasers of real property to raise funds to buy real estate; or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

The loan is "secured" on the borrower's property.

This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms.

The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure.

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing.".

Real estate economics is the application of economic techniques to real estate markets.

It tries to describe, explain, and predict patterns of prices, supply, and demand.

The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research of real estate trends focuses on the business and structural changes affecting the industry.

Both draw on partial equilibrium analysis (supply and demand), urban economics, spatial economics, extensive research, surveys, and finance.

A home or domicile is a dwelling-place used as a permanent or semi-permanent residence for an individual, family, household or several families in a tribe.

It is often a house, apartment, or other building, or alternatively a mobile home, houseboat, yurt or any other portable shelter.

Homes typically provide areas and facilities for sleeping, preparing food, eating and hygiene.

Larger groups may live in a nursing home, children's home, convent or any similar institution.

A homestead also includes agricultural land and facilities for domesticated animals.

Where more secure dwellings are not available, people may live in the informal and sometimes illegal shacks found in slums and shanty towns.

More generally, "home" may be considered to be a geographic area, such as a town, village, suburb, city, or country.

A market trend is a perceived tendency of financial markets to move in a particular direction over time.

These trends are classified as secular for long time frames, primary for medium time frames, and secondary for short time frames.

Traders attempt to identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within the market when price reaches support and resistance levels, varying over time.