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Baltimore Has Poe; Philadelphia Wants Him - Herald Tribune
BALTIMORE — Edgar Allan Poe never lived in one city for long, and ever since he died and was buried here in 1849 this city has claimed him as its own. Jessica Kourkounis for The New York Times Edgar Allan Poe, master of the macabre and a man of ...

Buy half a flat to get on first rung of the property ladder - Edinburgh News
ONE of the UK's biggest housing associations is offering people the chance to buy half a flat in a bid to get them on the first rung of the property ladder. Home Scotland, part of the UK-wide Home Group, is launching the "shared equity scheme" for ...

Federal Agency FBI - OpEdNews.com
E. Nelson: FBI Admits to Bungling the Anthrax Case Against Dr. Bruce Ivins (4 comments) FBI can still not place Dr. Bruce Ivins at the scene of the crime or explain why the anthrax found in the victims was coated with silica and appears to be ...

Living for Change: Obama and MLK - Common Dreams
The new energies being unleashed by Barack Obama hold great promise. In his person and prose Obama embodies the achievements of the movements of the 20th century and the hope that we can become the change we want to see in the 21st century. To build ...

Corrections and clarifications - Milwaukee Journal Sentinel
An article Wednesday about a proposed merger of Milwaukee County justice facilities incorrectly stated that the House of Correction is in County Supervisor Paul Cesarz's district. It is in Supervisor Mark Borkowski's district. An item in the Life ...

Forget Third Parties — It Ain't Gonna Happen: Hijack The ... - Common Dreams
Huge numbers of Americans are disgusted with both the Republican and the Democratic parties right now, and are hungrily clamoring for a third alternative. I know, I know - imagine that! What's not to like about one party that stands for greed, murder ...

CFO Blog: Commentary and Opinion - CFO.com
A comment posted today by reader Randall Enders suggests that the SEC's push for IFRS is a last ditch effort to loosen accounting rules before Republican SEC chairman Christopher Cox is removed from office. Similar suggestions have been made in ...

Wild Card -- Tuesday PM - Spokane Spokesman-Review
It's nice to interact with you folks again after a long weekend off. Gotta play to see tonight, but I look forward to reading your comments before I hit the sack tonight. You know the Wild Card drill by now ... Issue : Washington Post confirms 'Deep ...

Radio & TV Talk - AccessAtlanta
All the entries posted in July. “Good Morning America” host Robin Roberts, who worked as a morning co-host at V-103 and a WAGA-TV sports broadcaster in the 1980s, announced today that she has breast cancer but she said she caught it early. “I ...

packers 35, bears 28 - ChicagoSports.com
Civic Auditorium; Visitors Bureau; Public Library; Santa Monica Airport; Santa Monica Pier; Shopping & Dining

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Today's Mortgage Terms starting with A

  • Accrued Interest: Interest earned but has not been paid
  • Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
  • Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
  • Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
  • Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
  • Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
  • Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
  • Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
  • Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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