Investment, investing

Mortgage markets are markets, in which credits, that include pledged real estate property, are created and traded. Usually in mortgage markets main players are financial institutions: retail banks sell such mortgage debts for institutional investors. Mortgage market is especially big and liquid in USA.

Mortgage markets are important as directly as indirectly as well. Such markets have effect in creating additional investment bubbles as long as people use their mortgage refinance money to repay the living costs. This market is very closely related to construction sector which has the most influence to the economical cycles.