mortgage market
noun[C]
FINANCEukus(alsoprimary mortgage market)
thebusinessoflendingmoneytobuyhousesand otherproperty
(alsosecondary mortgage market)
thebusinessofbuyingandsellingmortgages:
Thesecondarymortgagemarkethelpeddilutetherisktolendersbybuyingandpackagingtheloansinto securitiespayinghighinterestrates.