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Obama girls' first day of school puts media to the test - Rocky Mountain NewsThis photo provided by the Obama Transition Office shows President-elect Barack Obama getting his daughter Sasha, 7, ready for their first day of school in Washington, Monday, Jan. 5, 2009. The family is staying at the Hay Adams Hotel in Washington ...
Franken Named Minnesota Winner - NationAfter weeks of Minnesota recount wrangling over the close contest between Republican Senator Norm Coleman and Democratic-Farmer-Labor Party challenger Al Franken, the state canvassing board has certified Franken as the winner. The canvassing board ...
American dream world - Houston ChronicleShockingly, the Canadian government has proposed an emergency loan plan of more than $3 billion for GM and Chrysler plants operating in Canada. It's embarrassing, and a little ironic. But the abysmal status of the Detroit economic engine would of ...
Obama girls start school in D.C. - Rocky Mountain NewsFirst things first: President-elect Barack Obama's two daughters have checked into their new school in Washington. Katie McCormick Lelyveld, a spokeswoman for Michelle Obama, said that Michelle Obama accompanied daughters Sasha, 7, and Malia, 10, to ...
Obama’s Miraculous Win Leads 2008 Black Press Stories; Stories of ... - Black Press USAWASHINGTON (NNPA) – At this time last year, then U. S. Senator Barack Obama was not the Black community’s favored candidate to win the Democratic nomination for the presidency of the United States. Indeed, because of America’s past history of ...
New Year messages to you - Reading Evening PostThe coming year is likely to present serious challenges to individuals and businesses in Reading and across the UK. Reading Borough Council leader Councillor Jo Lovelock and other community leaders send their New Year messages pledging support for ...
Halos and Horns - Hartford AdvocateJoette Katz and Lubbie Harper, Jr. Making love legal : In the heady days of a presidential election and ballot drives to deny gay couples the rights afforded to straight ones, four Connecticut Supreme Court justices took a stand against ...
The credit union choice - Daily WorldThe stress and uncertainty of the economic recession is causing some consumers to take a second look at credit unions as an alternative for their everyday financial transactions, credit union advocates say. Federally chartered credit unions are non ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. When Deal Journal told people we were going to cover an event honoring the 25 Most Powerful Women in Banking, a common reaction was: “There ...
Steiner, Brenner and Neo-Marxism: The Marcusean Component - World Socialist Web SiteAs a supporter of the International Committee of the Fourth International (ICFI) who has been following the political and philosophical charges of Alex Steiner and Frank Brenner, the author of this paper is interested in addressing their embrace of ...
Today's Mortgage Terms starting with A
Accrued Interest: Interest earned but has not been paid
Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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