The answer is a home mortgage. A home mortgage is actually different from a home loan. A home mortgage is the contract that you sign in order to get a loan from a banking institution or lending company. The loan is the money that the lender provides for you. There are many kinds of home mortgages available in the market. You can see evidence of this just by comparing the cost of an 80 20 mortgage loan with the cost of a regular loan with PMI. The 80 20 mortgage loan usually costs less each month. 80 20 mortgage loans are structured by lenders in several ways. Some lending companies structure their 80 20 mortgage loan with the first loan having a 5/1 ARM payment. If you've bought a house before, you probably have an idea what amortization mortgage is. But as far as details are concerned, amortization mortgages just escape those who don't have a solid financial education background. Amortization Mortgages: What the experts say According to Philip Russel, assistant professor of finance at Philadelphia University, an amortization mortgage is "the systemic payment plan - such as a monthly payment - so that your loan is paid off over the specified loan period. For instance, a lender has a commitment to make and is forced to close additional mortgages. To achieve this, they would have to lower down the mortgage rates even with interest rates going up. Other Factors Affecting Mortgage Rates Mortgage rates are affected by several other factors besides inflation. Reverse mortgages provide you with cash which you can use for other investments. By turning the value of your home into cash, reverse mortgages gives you virtually unlimited funds without having to move and even without repaying the loan every month. There are several ways to give you the cash from reverse mortgages. Other mortgage interest rate indices are 1-Year Treasury Security, Prime, 6-Month CD, and the 11th District Cost of Funds (COFI). These indices for mortgage interest rates are subject to the financial conditions of the market. Loans are offered with different mortgage interest rates. Take for example a traditional 30-year mortgage.