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What is a mortgage and how does it work? - mortgagemarket.ae

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  • What is a mortgage and how does it work?
By newadmin January 11, 2023

A mortgage is a loan given by a bank or other financial institution to a homebuyer in order to facilitate the latter’s acquisition of real estate.

EBIOR as on 15th Dec 2023: 1 MONTH : 5.38%    | 3 MONTHS : 5.51%    | 6 MONTHS : 5.47%   | 1 YEAR : 5.51%