Keybank mortgage rates Meaning and Definition

Pronunciation

🔊

Part of Speech

Noun

Definition

A type of financial information that provides the interest rates offered by KeyBank for home mortgage lending, used to determine the cost of borrowing money to purchase or refinance a property.

Examples

• After researching Keybank Mortgage Rates, I decided to apply for a 30-year fixed-rate mortgage.
• Keybank Mortgage Rates differ from those offered by other banks, but I still got a great deal.

Synonyms

• Mortgage Rate
• Interest Rate

Antonyms

• Federal Reserve Rates
• Savings Account Rate

Additional Information

Keybank Mortgage Rates are influenced by market conditions, credit scores, and the type of mortgage product. It’s essential to compare rates from multiple lenders to find the best option for your financial situation. Keybank Mortgage Rates may vary depending on the property location, loan-to-value ratio, and borrower’s history.

Etymology

The term “key” originates from the bank’s name, which is a reference to the prominent location of its first branch in Cleveland, Ohio. “Mortgage Rates” describes the rates offered by the bank for lending purposes.

Usage Notes

When using “Keybank Mortgage Rates,” it’s essential to specify the type of mortgage product, such as fixed-rate or adjustable-rate, to provide accurate information. The term can be used in both personal and professional contexts, including real estate transactions, news articles, and online forums.

Cultural References

Edit: None

Idiomatic Expressions or Phrases

Edit: None

Related Words or Phrases

• Mortgage
• Lender
• Interest Rate

Collocations

• Keybank Mortgage Rates changed this week.
• I checked Keybank Mortgage Rates before applying for a mortgage.

Frequency of Use

Edit: Moderate-to-Frequent

Common Misspellings

• Keybnk Mortgage Rates
• Key Bank Mortgage Rates