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News about Mortgages:
Paradise Valley homes sells for $4.4M - AZCentral.comAn advertising executive, a radio-station executive, a president of a finance company in Scottsdale, the owner of a Phoenix property-investment firm and a Phoenix building executive are among the buyers and sellers in this week's priciest home sales ...
Community Notes - Abington MarinerTo send an announcement, write to the Watertown TAB, 254 Second Ave., Needham, MA 02494; fax 781-433-8202 or e-mail watertown@cnc.com. Please keep submissions to 150 words or fewer. The deadline for listing submissions is Friday at 5 p.m. for the ...
Home On The Range - Hartford CourantThe second Travelers Championship will be in the same time frame, but it will have a different look this year at the TPC River Highlands in Cromwell. n The most notable change will be a $5 million, state-of-the-art practice range to the north of the ...
Hip-Hop Rumors: Ozone Replies To Critics! Lady Drama an... - allhiphop.comI am not sure if BET is looking for new hosts on “106 & Park,” but I heard a rumor that might have been confusing things. From what I heard, BET is looking to do another Hip-Hop show. I did hear that they had open casting calls for that as well ...
Business calendar, 8/8 - Denver PostThe South Metro Denver Small Business Development Center, seminar on getting started in QuickBooks, 8:30 a.m., DeVry University, 6312 S. Fiddlers Circle, Suite 150E in Greenwood Village. Information: www.smallbusinessdenver.com Monday, Aug. 18 The ...
Community Extra: Applause - Everett HeraldJason Dunbar, 17, a junior at Cascade High School and the son of Bob and Karen Dunbar of Everett, has earned the Eagle Scout rank. For his Eagle Scout service project, Jason cleared and graveled a new Forest Park trail that leads to a wooded picnic ...
Shareholder to RBS bosses: 'You're paid as superhumans, but you're ... - ScotsmanA YEAR ago, it was so very different. Sir Fred Goodwin was gearing up for a fight and in bullish mode. When the chief executive of Royal Bank of Scotland faced shareholders at the 2007 annual general meeting, he had just revealed his plan to go after ...
CALUM MACDONALD and JULIA HORTON - HeraldThe restaurant Mr Davidson and his wife Anne have owned and ran for the past 25 years was awarded a prized Michelin star by the inspectors of the world's most famous guide to eating out. The Champany Inn in Linlithgow, which the Davidsons opened in ...
Don’t kid yourself: the housing slump really is on its way - Sunday HeraldHOW OFTEN must I say it? Falling house prices are a good thing, not a bad thing. It was property madness that got us into this financial mess in the first place, and the credit crisis will not be resolved, will not begin to be resolved, until house ...
Salmond snared in donor row - Sunday HeraldALEX SALMOND was last night fending off political attacks over his personal intervention to help a party donor win planning approval for an £80 million development in Aviemore. The first minister called his most senior planning official last month ...

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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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