Wright Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Harbour Walk Preserve loses foreclosure judgment - MSN MoneyCentralPalm Beach Gardens-based Harbour Walk Preserve LLC has lost a $17.6 million foreclosure judgment to Seacoast National Bank and is set to lose its Stuart property at public auction. The Dec. 30 judgment set the public auction for the 53-acre ...
Indiana Housing Leaders Call on Congress to Help Main Street - PR InsideThe Indiana housing industry called on Congress today to address the housing crisis that is at the root of the nation's recession. Dennis Spidel, the owner of Dennis Spidel Custom Homes and the 2009 president of the Indiana Builders Association; Tom ...
UPDATE: Bank Of England Cuts Key Interest Rate To All-Time Low - FXStreet.comLONDON (Dow Jones) -- The Bank of England on Thursday dropped its benchmark interest rate to the lowest level since the central bank's founding in 1694, as policy makers fired yet another salvo in the battle against a deep and potentially lengthy ...
GM slashes support of arts - Detroit NewsMetro Detroit's hard-pressed arts organizations are reeling from a new blow. The GM Foundation has asked high-profile presenters like the Detroit Symphony Orchestra and Michigan Opera Theatre to exclude the foundation from budget planning effective ...
Jordan Anniversary - Shawnee News-StarJerry Levi and Lois Haug Jordan recently celebrated their 50th wedding anniversary with friends and family at the First Christian Church in Shawnee, where the couple was married Sept 20, 1958. The couple has two children, Gary D. Jordan of Shawnee ...
No bids at Marietta auction - Parkersburg News & SentinelMARIETTA - The ultimate fate of the Glass Press, Union Station and Putnam Commons buildings in downtown Marietta remains a mystery, but the current tenants in those facilities don't seem overly concerned. The properties, appraised at more than $1.1 ...
CBS anchor Harry Smith tangles with Ann Coulter on "The Early Show" - Los Angeles Times BlogsConservative author Ann Coulter initially seemed pleased Tuesday to appear on CBS’ “The Early Show,” especially after an interview that she was set to do on NBC’s “Today” the same morning was canceled. “You are the most brilliant person ...
Aslinger receives GRI designation - Chattanooga Times Free PressLorry Aslinger of Keller Williams Realty has earned the Graduate Realtor Institute designation. She joins other top producers in the residential real estate industry who hold the designation. Ms. Aslinger earned the GRI designation by attending an ...
Rogers Plaza, area's first mall, faces foreclosure - Grand Rapids PressA federal court judge in New York in December approved transferring the shopping center, home to a Family Fare grocery store, MC Sports, AJ Wright, OfficeMax, Big Boy and an Old Country Buffet, among other shops, back to Flint-based Citizens Bank and ...
CapeCodToday Blog Chowder - Cape Cod TodayChef John is all you say and then some.. having shared the kitchen with him for the last 2 1/2 years, and guesting on his show.. He'll be the 1st to admit he's a salesman 1st, an actor 2nd, portraying as a Chef 3rd! He's hilarious, self deprecating ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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