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Q&A with U.S. Rep Chet Edwards - Cleburne Times-ReviewU.S. Rep. Chet Edwards, D- Waco, in town Saturday for Serving Those Who Serve Day, took time to discuss the bailout bill and this year’s election. Q. You voted twice for the bailout bill. Was that a difficult decision? A. It was a difficult ...
Michael O'Connor: A few questions I’ve had lately; can anyone answer ... - Cleburne Times-ReviewI was walking around the neighborhood the other day and noticed the political signs in folks’ yards. The red signs promoted Republicans, and the blue signs touted Democrats. This started me thinking about some political questions I had no answers ...
Guest column: It takes common sense and fiscal conservatism - Cleburne Times-ReviewServing for several years on the board of First Financial Bank of Cleburne, an affiliate of First Financial Bankshares, a publically traded financial holding corporation, gave me a certain perspective on American business and lending that went beyond ...
Dear Editor: McCain's experience and judgement - Cleburne County Sun-TimesJohn McCain's experience and judgment led him to select Sarah Palin as his vice-presidential running mate, having met her only once for 15 minutes. His experience and judgment as a Bush clone caused him to select a Bush appointee to lead the ...

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Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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