Vocabularies related to buying and selling houses

The following vocabularies are generally used during buying and selling of houses.

- mortgage;

- sub-prime adjustable rate mortgage;

- realty;

- realtor;

- real estate;

- default payment;

- foreclosure;

- property market;

- upfront payment;

- mortgage rate;

- 15-year fixed rate;

- 30-year adjustable rate;

- Shiller index;

- commission;

- rental property;

- Federal Housing Authority.