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Foreclosure Facts for Lafayette - KATC 3"People here in Lafayette did not take part in the type of loans popular in other parts of the country," says Mortgage Broker Louise Logan. That's one reason why Lafayette's economy stays relatively stable, as homes across the country are reposessed ...
Local effect of Economy in Lafayette - KATC 3The DOW fell about 670 points to 8-thousand-five-79. It's the "first" time the DOW has been below 9-thousand since august of 2003.the S-and-p 500 plunged 75 points to 910. The NASDAQ lost 95 points to close at 16-hundred-45. But a weeklong slide in ...
Housing market falls, county not as damaged - Daily MississippianAlthough the housing market as a whole still looks bleak, Lafayette County has not suffered as much. The instability of the economy has mortgage lenders tightening up lending standards around the country, making it harder for the average citizen to ...
Feelings mixed on auto industry - Detroit NewsSome thought it was the death knell for the auto industry. Others said Ford and General Motors would be just fine. Still others thought the car companies would bounce back but look dramatically different from how they appeared in the past. That's how ...
Niagara County Real Estate Transactions - Buffalo News• Park Lane Circle, Kari Kirby Rochez; Peter D. S. Rochez to Stephen J. Sander, $116,500. • Georgia Ave., Jan M. Dujenski to Frigyes J. Serafin, $85,000. • Wilson Parkway, Donna J. Shanley to Melissa M. Cole; Anthony J. Roman Jr., $78,500 ...
BioTown to Get its First Green House - Inside Indiana BusinessBioTown, USA is about to get its first green house. Students in Purdue University's Engineering Projects in Community Service program and Lafayette Habitat for Humanity are building a home in Reynolds using standards for environmentally friendly and ...
In troubled times, let faith overcome fear and greed - Detroit NewsObserving the zeitgeist causes one to wonder what the future holds, especially since the American people continue to lose faith in the fundamental underpinnings of our nation. America is suffering from a serious trust deficit. Now, there has been the ...
ANALYSIS-How low can U.S. grains go? - ForbesCHICAGO (Reuters) - The sell-off in grains as part of a broader flight of investment money from commodities could continue through year's end due to the expanding credit crisis, with any global recession taking a bite out of demand. U.S. grain prices ...
Fear Trumps Greed as Wall Street Worries Paralyze World Economy - BloombergOct. 8 (Bloomberg) -- Greed and fear are the emotions that rule Wall Street. Fear is winning. Investors are in the grip of a panic that psychologists and historians say isn't necessarily rational and may intensify. They aren't buying stocks , and ...
Fear Trumps Greed as Market Woes Paralyze Economies (Update1) - BloombergOct. 9 (Bloomberg) -- Greed and fear are the emotions that rule markets. Fear is winning. U.S. and European stock markets fell yesterday, even after the Federal Reserve lowered its benchmark interest rate in concert with central banks in Europe ...

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Today's Mortgage Terms starting with T
Term: The period of time in which a loan must be paid off.
Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.
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