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Top 5: PDX office market relatively stable in Q4 - OregonianYour Top 5 real estate stories. Send story tips or investigative ideas: ryanfrank@news.oregonian.com or 503-221-8519. 1. Downtown office market outperforms burbs: The downtown office market continues to weather the recession better than its suburban ...
DEALS' PIECES MAY NOT ADD UP - New York PostIF you've played the real estate game since 2005, you should be quaking in your boots - with the test being when the deal was done and, perhaps more important, how it was done. "Our steroids were leverage and the buyers were way over-financing ...
Dana Rubinstein - New York ObserverScalleja via flickr. At noon on Wednesday, about 50 retail brokers and landlords trickled into the Harvard Club on West 44th Street for a members-only Real Estate Board of New York Retail Committee luncheon, the first of the year. There was buttery ...
Today's Mortgage Terms starting with I
Index: An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.
Initial Rate: The rate charged for the first interval of an ARM loan.
Interest: Compensation in the form of money paid for the use of money.
Interest Rate Cap: Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.
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