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Glossary of Terms

Last updated 2026-08-02

FreddieMac

Updated 2026-08-02

Glossary of Terms

Learn how to speak – and understand – housing industry jargon. mortgage payment decreases. Annual Percentage Rate (APR) and certain other credit charges a borrower is required to pay.

FreddieMac Glossary

FreddieMac · pp. 1–3

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