Frederica Mortgage Rates and Information Online from competing Lenders

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General Growth to raise capital, shares sink - Guardian Unlimited
NEW YORK, Sept 22 (Reuters) - General Growth Properties Inc, the second-largest U.S. mall owner, said on Monday it would review strategic alternatives, including the sale of properties, to raise capital to meet its looming debt obligations, and its ...

NASA and the Challenger Center Announce Antarctic Habitat Naming ... - SpaceRef
WASHINGTON -- NASA and the Challenger Center for Space Education have partnered to engage students in ongoing activities for one of NASA's concepts for astronaut housing on the moon through a contest to name a habitat in Antarctica. NASA currently is ...

The state of the local economy: trembling, but there's hope - Chico Enterprise-Record
Economy on the Edge Nov 29: Economy on the edge: Do people still want to have fun? Nov 28: Economy on the Edge: Crystal balls cloudy when it comes to holiday shopping Nov 27: Economy on the edge: Contractors take a hit from a lack of building Nov 26 ...

Wild Card/Vacation Day 11 of 12 - Spokane Spokesman-Review
Only two more shopping days until I return to the final days of the City Council campaigns. Then, we'll have fun taking apart the campaigns. Any dirt yet? Any mudslinging. You know, the good stuff. Or is everyone behaving? My wife is now looking over ...

Wild Card -- Weekend - Spokane Spokesman-Review
Only 3 more days until we get after it again in the new year. I hope you're enjoying yourselves as 2005 comes to an end. If you have some thoughts on the old year or resolutions for the new one, you can post it here. Or start your own thread. Or wait ...

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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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