Real Estate Glossary: Y
October 7, 2008 by Deyanira Bautista
Filed under Real Estate Glossary
Year-End Statement
A mortgage summary or report that is sent to the borrower at the end of each year. The statement shows the amount of taxes and interest paid on the mortgage during the year, as well as the remaining loan balance.
Year-To-Year Tenancy
A periodic tenancy in which the rent is reserved from year to year.
Yield to Maturity (YTM)
The internal rate of return on an investment. The YTM generally considers all investment returns and the timing of each return.
Great Glossary!
It’s nice idea I might add to my own blog, well done.