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November 2008 - Posts - MSNBC Firstread*** Tamping down the speculation -- or not? HillaryLand seems to be making a concerted effort to start tamping down speculation about the secretary of state job. Reports from the New York Times and Politico are sparking the debate about whether she's ...
Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
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