Mortgage Subsidy Bond

Dictionary Says

Definition of 'Mortgage Subsidy Bond'

One of the few types of municipal bonds ever issued that may be subject to taxation, provided that the funds raised were used for home mortgages. Mortgage subsidy bonds were issued by cities and other municipalities, and may be either taxable or tax-free.

Investopedia Says

Investopedia explains 'Mortgage Subsidy Bond'

Mortgage subsidy bonds were created by the Mortgage Subsidy Act of 1980. They are issued by either state or local governments and are usually taxable. The exceptions are a select group of mortgage bonds and veterans' bonds. 
Search results for

'Mortgage Subsidy Bond'

  • Building America With Bonds

    http://stocks.investopedia.com/stock-analysis/2010/Building-America-With-Bonds-BAB-BABS-NBB-BABZ1004.aspx
    ... When a government issues a Build America Bond, it receives a cash subsidy from the
    federal government equal to 35% of the coupon interest rate on the bond. ...
  • QE2: The End Is Near - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/QE2-The-End-Is-Near.aspx
    ... Mortgage lending has not rebounded (and housing sales are ... unreasonable to think that
    an implicit subsidy to these ... said, it looks like the bond market should be ...
  • Higher Taxes? No Sweat With Munis

    http://stocks.investopedia.com/stock-analysis/2010/Higher-Taxes-No-Sweat-With-Munis-MUB-HYD-ITM-SHM0316.aspx
    ... receive a subsidy from the federal government for 35% of the interest, making them
    cheaper from an issuer point of view. The Build American Bond program is ...
  • Build America Bonds: Should You Buy?

    http://www.investopedia.com/articles/bonds/09/babs-are-born.asp
    ... Tutorial: Bond Basics What are BABs? ... In the first version, BAB issuers receive a
    subsidy from the federal government that permits government entities to issue ...
  • CFA Level 1 Study Guide - Microeconomics - Effect of Taxes on ...

    http://www.investopedia.com/exam-guide/cfa-level-1/microeconomics/tax-effects.asp
    ... 14.23 Mortgage-Backed Securities (MBS); 14.24 Federal Issues; 14.25 Bondholder's
    Rights; ... 14.34 London Interbank Offer Rate (LIBOR); 14.35 Bond Valuation Basics; ...
  • CFA Level 1 Study Guide - Microeconomics - Supply and Demand ...

    http://www.investopedia.com/exam-guide/cfa-level-1/microeconomics/supply-demand.asp
    ... 14.23 Mortgage-Backed Securities (MBS); 14.24 Federal Issues; 14.25 Bondholder's
    Rights; ... 14.34 London Interbank Offer Rate (LIBOR); 14.35 Bond Valuation Basics; ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links