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Glossary of Terms > M > MEDIAN PRICE

MEDIAN PRICE

Used to gauge how affordable an area's housing is. It is the point at which half the homes sell for more, and half the homes sell for less.

M Terms

MATURITY

MEDIAN PRICE

MILL RATE

MIXED-USE

MODIFICATION

MORTGAGE

MORTGAGE BROKER

MORTGAGE INSURANCE (MI)

MORTGAGE LIFE / DISABILITY INSURANCE

MORTGAGEE

MORTGAGOR

MULTI-FAMILY HOME

MULTIPLE LISTING SERVICE