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13WMAZ Debate is Tonight in Perry - 13 WMAZ
Our 13WMAZ.com political forum takes place tonight at Reaves Arena at the Georgia National Fairgrounds in Perry. It starts at 7 p.m. with the three candidates for U.S. Senate: Republican incumbent Saxby Chambliss, Democrat Jim Martin and Libertarian ...

Perry upbeat on economic health - Houston Chronicle
AUSTIN — Gov. Rick Perry said Monday that the economy in Texas is in much better shape than it is nationally but noted that state government can't take anything for granted. "We're not an island," he said. "As strong as our economy is, we're still ...

Making a difficult and life-changing decision - Big Bear Grizzly
Jennifer LaVoire-Perry is having a double mastectomy. She is 33 years old. She doesn’t have cancer. Surgeons will perform a subcutaneous mastectomy on LaVoire-Perry in November. She has benign breast disease, but without the mastectomy, LaVoire ...

Texas Gov. shows frustration at approved bailout bill - U-Wire.com
Texas Gov. Rick Perry expressed disappointment in the U.S. Congress’ approval of the $700 billion economic rescue plan because he said it is not taxpayers’ responsibility to bail out corporate America. At a press conference Monday at the Capitol ...

The Note: Ayers it Out - ABC News
Until or unless evidence emerges that, on the advice of Jeremiah Wright and Michael Pfleger, Tony Rezko paid for Barack Obama to take Bill Ayers' course on how to tank an economy, it's just possible that the current (final?) line of attack by Sen ...

Kenny Perry wins PGA's "Whiner of the Year Award" - TravelGolf.com
Vijay Singh won the FedEx Cup, and Paddy Harrington might take home Player of the Year. But Kenny Perry wins Whiner of the Year Award hands-down. In the October 3rd issue of GolfWorld , Jim Moriarty reports how Kenny Perry described the Tour ...

Perry says Texas better off than most in economic crisis - News 8 Austin
AUSTIN – Gov. Rick Perry Monday met with state agency leaders to assess the impact of the nation's current financial crisis. "Although our economy remains one of the strongest in the nation, it is still interlaced with economies of other states ...

Perry meets with officials to discuss Texas economy - Mount Pleasant Daily Tribune
AUSTIN n Gov. Rick Perry Monday met with leaders of key state agencies for an assessment of the impact of the current national economic situation on their agencies and the people they serve. "During my time as governor, I have encouraged leaders in ...

Perry plans to raze boarded-up home - Independent
A Perry Township home that has been vacant for at least two years will soon be demolished. Township trustees have been working to have the property, at 3400 Bailey St. N.W., declared a nuisance for some time. “The house is deteriorating and falling ...

Perry meets with leaders to assess economy's impact on Texas - KXAN
AUSTIN - Gov. Rick Perry Tuesday met with leaders of key state agencies for an assessment of the impact of the current national economic situation on their agencies and the people they serve. "During my time as governor, I have encouraged leaders in ...

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Today's Mortgage Terms starting with P

  • Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
  • Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
  • Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
  • Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
  • Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
  • Principal: It is the amount of money borrowed or owed, excluding interest.
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