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European Stocks Edge Slightly Higher - CNBCEuropean shares eked out a gain on Tuesday, as advances in banks and energy stocks offset falls in autos and drugmakers and a slide in Rio Tinto after BHP Billiton dumped a bid for the miner. The FTSEurofirst 300 index of top European shares ended ...
Europe shares end higher on banks, energy stocks - ForbesLONDON, Nov 25 (Reuters) - European shares eked out a gain on Tuesday, as advances in banks and energy stocks offset falls in autos and drugmakers and a slide in Rio Tinto after BHP Billiton dumped a bid for the miner. The FTSEurofirst 300 index of ...
RPT-Europe shares end higher on banks, energy stocks - ForbesLONDON, Nov 25 (Reuters) - European shares eked out a gain on Tuesday, as advances in banks and energy stocks offset falls in autos and drugmakers and a slide in Rio Tinto after BHP Billiton dumped a bid for the miner. The FTSEurofirst 300 index of ...
French equities, banks push Europe shares higher - ReutersLONDON, Nov 25 (Reuters) - European shares rose on Tuesday as gains in banks, energy stocks and French equities offset falls in autos and drugmakers and a slide in Rio Tinto (RIO.L: Quote , Profile , Research , Stock Buzz ) after BHP Billiton (BLT.L ...
(repeats to attach to alerts) - ReutersLONDON, Nov 25 (Reuters) - European shares eked out a gain on Tuesday, as advances in banks and energy stocks offset falls in autos and drugmakers and a slide in Rio Tinto (RIO.L: Quote , Profile , Research , Stock Buzz ) after BHP Billiton (BLT.L ...
Michigan business news in brief: Dow sees big sales drop - Detroit Free PressWeak global demand has reduced volumes by 10% to 20% since October, said Dave Winder, a company spokesman, citing CEO Andrew Liveris. The first half of 2009 "is looking the same" as the current quarter, Winder said. Liveris is selling half of the ...
European Stocks End Slightly Higher - CNBCEuropean shares rose on Tuesday as gains in banks, energy stocks and French equities offset falls in autos and drugmakers and a slide in Rio Tinto after BHP Billiton abandoned a bid for the miner. The FTSEurofirst 300 index of top European shares ...
GLOBAL MARKETS-Stocks slide worldwide as risk aversion climbs - ForbesNEW YORK (Reuters) - Stocks slid around the world and risk aversion rose Wednesday as a raft of dire economic and corporate news sparked by the financial crisis greeted U.S. president-elect Barack Obama a day after his historic victory. Obama's ...
Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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