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Weekly Mortgage Rates
  30 Year Fixed 5.00 %
  15 Year Fixed 4.36 %
  1 Year ARM 4.07 %
Freddie Mac Natl. Avg.
Updated 5/6/2010

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Results for  the letter G - Records (1 - 15) of 29

TermDefinition
 
Gable  A triangular wall enclosed by the sloping ends of a ridged roof or a triangular decorative feature.

Gable roof  A ridged roof forming a triangle at each end.

Gag rules  A provision in contracts signed by new buyers that prohibits the owners from publicizing complaints about the builder.

Gambrel roof  A roof with two slopes, often seen on barns.

General contractor  The person who hires all of the subcontractors and suppliers for a project.

General plan  A government's long-range land-use plan.

Geodesic dome  A structure constructed of lightweight bars forming a grid of polygons.

Georgian style  Popular throughout the 18th century, this type of architecture is distinguished by a symmetrical facade, prominent front entrance and quoins-decorative blocks of masonry or wood set in the corners of the house.

Gift  A cash gift a buyer receives from a relative or other source. Lenders usually require a "gift letter" stating that the money will not have to be repaid.

Gingerbread decoration  An intricate, almost lacy, wood trim.

Girders  Crossbeams that support floor joists.

Good-faith estimate  An estimate from an institutional lender that shows the costs a borrower will incur, including loan-processing charges and inspection fees.

Government National Mortgage Association (Ginnie Mae)  An agency that buys home loans from lenders, pools them with other loansand tsells shares to investors. Ginnie Mae differs from its cousins (Fannie Mae) (Freddie Mac) because it only purchases loans backed by the federal government.

Grace period  A specified amount of time to make a loan payment after its due date without penalty.

Grade  The elevation of land above level ground.
 
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