Talk:Mortgage loan

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Bali[edit]

The article's lead mentions that Bali, Indonesia is a place where mortgages are not available (and the cited source does back that up). However, I wonder why Bali would be singled out for that. I realize that Indonesia has a predominantly Muslim population and Islam traditionally prohibits loaning money at interest (see Islamic banking and finance). But Bali is one of the least Muslim areas of Indonesia. The population of the province is over 80% Hindu. Does anyone have more information about whether mortgages are available in the rest of Indonesia? --Metropolitan90 (talk) 20:48, 1 January 2016 (UTC)

Closed vs Open[edit]

I came to this page hoping to find a brief explanation of "closed mortgage" and "open mortgage". The two terms are used a few times in the article so it would be helpful if they were explained. Walkingstick3 (talk) 16:31, 18 January 2016 (UTC)

Assessment comment[edit]

The comment(s) below were originally left at Talk:Mortgage loan/Comments, and are posted here for posterity. Following several discussions in past years, these subpages are now deprecated. The comments may be irrelevant or outdated; if so, please feel free to remove this section.

Please add explanation of 'tracker' type mortgages to article.

Last edited at 14:32, 6 July 2008 (UTC). Substituted at 00:27, 30 April 2016 (UTC)

History section[edit]

I recently learned that mortgages only got their start in the 1930's[1], partially as part of the New Deal.[2]. Mortgages existed in the 1800s it seems, but they weren't as prevalent as they are today.[3]. If someone reading this knows about the history of mortgages, a comprehensive history section would be a great addition to this article :) ~dandel-rovbur (talk) 05:03, 18 December 2016 (UTC)

  1. ^ http://home.howstuffworks.com/real-estate/buying-home/mortgage2.htm
  2. ^ http://www.pbs.org/wnet/ascentofmoney/featured/the-ascent-of-money-episode-4-planet-finance/102/
  3. ^ http://www.randomhistory.com/1-50/037mortgage.html