Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®


GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

  Currently Displayed — Page 1
Macquarie Financial — Maternal Mortality Rate
  Next Page
MaturityMinimum Balance to Open...
Macquarie Financial (MFL) — Company, British Columbia, Alberta, Manitoba, Ontario, and Quebec Canada
  ➥  A Canadian NHA approved mortgage lender that offers mortgages for 1-4 multi-family units.
macroeconomicsDefinition
A study of the economy as a whole, particularly the interaction of its various components.
maintenance feeDefinition
A periodic assessment that residents pay to their homeowners or condominium association to pay for maintenance and repair of common areas.
major credit card (MCC) — Acronym
malpracticeDefinition
Negligent acts done by a professional that causes injury to a plaintiff.
malpractice insuranceDefinition
Insurance that covers professionals from liability due to their own negligence or intentional harm.
Manitoba Home Builders' Association (MHBA) — Company, Manitoba, Canada
Manitoba Housing and Renewal Corporation (MHRC) — Company, Manitoba, Canada
  ➥  A Canadian NHA approved mortgage lender that offers all lending types, including both residential single family and multi-unit mortgages.
Manitoba New Home Warranty Program (MNHWP) — Manitoba, Canada
Provides a standardized package of warranty protections and services for use by home builders in Manitoba.
Manitoba Public Insurance (MPI) — Company, Manitoba, Canada
Manitoba Society of Seniors (MSOS) — Company Est.1979, Manitoba, Canada
  ➥  Promotes needs and concerns of Manitobans age 50 plus.
manufactured housingDefinition
Factory-built home that can be placed temporarily or permanently upon land. Styles vary from modest trailers to dwellings that look like site-built houses.
manufacturer's suggested retail price (MSRP)Definition
Stands for Manufacturer's Suggested Retail Price. It represents the manufacturer's recommended selling price for a vehicle and each of its options.
Manufacturers Life Insurance (MLI) — Company Est.1887, Canada-wide, Important
Manulife Trust Company — Company, Canada-wide
marginDefinition
The difference between the cost and the selling price.
marginal rate of return (MRR) — Acronym
marginal tax rate (MRT) — Acronym, Important
marine insurance policy (MIP) — Acronym
marital deductionDefinition
For estate tax and gift tax purposes, a deduction that allows you to transfer assets to your spouse tax-free.
market conditionsDefinition
Factors that affect the sales of homes in an area, such as interest rates, the unemployment rate, home appreciation, weather and time of year.
market potential value (MPV) — Acronym
market value (MV)Definition, Important
Also known as "Fair Market Value." The estimated value of a property which a seller could expect to receive under normal conditions.
market value added (MVA) — Acronym
market value adjustment (MVA) — Acronym
market value appraiser (MVA) — Acronym
marketing spending account (MSA) — Acronym, Important
  ➥  Broker compensation / loyalty program offered by MCAP.
Master of Real Estate Development (MRED) — Acronym
Program offered at graduate level schools generally focusing on the four main elements of real estate development: design, finance, investment, and policy.
master promissory note (MPN) — Acronym
maternal mortality rate (MMR) — Acronym
  Currently Displayed — Page 1
Macquarie Financial — Maternal Mortality Rate
  Next Page
MaturityMinimum Balance to Open...

Search the Glossary

Index for The Letter 'm'

Page 1: Macquarie Financial
Maternal Mortality Rate
Page 2: Maturity
Minimum Balance to Open an...
Page 3: Minimum Monthly Balance
Mortgage Acceleration Clause
Page 4: Mortgage Application
Mortgage Rate Sheet
Page 5: Mortgage Renewal
Mutual Non-Disclosure...

Notable Terms

Brand New Mortgage Calculator
Use our new mortgage calculator and strike a balance between maximizing your payment schedule and leaving yourself enough breathing room to live comfortably. By simply changing your mortgage amount, amortization period, interest rate, or payment frequency you can determine the best mortgage for your unique situation.
New Mortgage Calculator
 
Mortgage Rates
If you look for a mortgage online, you'll soon see that from one lender, bank, or broker to the next, the rates offered can be substantially different. Some high, some low. Compare the best mortgage rates and make sure your money isn't being wasted.
Mortgage Rates
 
Mortgage Brokers
We feel that we're in the business of making your dreams come true. Our brokers genuinely want to help you get that dream house, and we will do whatever it takes to find you the best mortgage to suit your needs.
Mortgage Brokers Make Dreams Happen