RESIDENTIAL REAL ESTATE LOANSResidential real estate loans. A mortgage loan is a loan secured by real property. A home buyer can obtain financing (a loan) either to purchase or secure against the property from a financial institution, such as a bank. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, can vary considerably.
VIDEO: Home loan process (3:48)
Tenor. Long-term (up to 30 years).
Balance sheet. Assets.
Tye of banking. Retail.
Pricing I. Mortgage rates and the central bank rate: Europe and the US.
Pricing II. HSBC USA's mortgage rates [see]. Home Sweet France: HSBC on buying a home in France [see]
Size of the market. Residential real estate loans of US Commercial Banks, March 7 2012: $ 2114.5 billion (Fed data)
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