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See today's average credit card rates across the country. - MSNBCNEW YORK - Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday. The Mortgage ...
Perry's jabs at feds may have second target as well - Houston ChronicleAUSTIN — From the Wall Street bailout bill to helping the Gulf Coast recover from Hurricane Ike, it seems the federal government can do nothing right in the eyes of Gov. Rick Perry. The latest shot came Tuesday, when Perry accused federal ...
Wallick & Volk Opens Branch in Bellevue, Washington - Yahoo FinanceCHEYENNE, Wyo., Dec. 3 /PRNewswire/ -- ... "We're strong ... We're Growing ... and we have money to lend!" The current market environment has given us the opportunity to grow our business in locations that are showing signs of stabilization and ...
Perry: Dump Turnpike Authority, plans for higher taxes - Cape Cod TodayS tate Rep. Jeffrey Davis Perry, R-Sandwich, has skewered proposals offered by Democrats to either raise Massachusetts Turnpike tolls or the state gasoline tax to meet the funding shortfall in the state's transportation budget. Perry said the state ...
Prodigal Governors - Article.nationalreview.comH aving wasted their substance with riotous spending, the prodigal governors have come not to their senses but to Washington. But let’s spare that fatted calf. American politics is too often the art of bribing the people with their own money. It ...
Gorcyca's escape full of irony - Detroit Free PressMichigan lawyers, like attorneys elsewhere, are largely responsible for policing their own ethical conduct. And if you recall what a resounding success such incestuous self-regulation has been in other industries -- mortgage lending and investment ...
Irish Times is open again - Worcester Telegram & GazetteWORCESTER— The Irish Times pub, closed since last month after the building that it and an upstairs nightclub are housed in was foreclosed upon, reopened last night under new ownership. Perry Boudreau of Framingham, who submitted the sole bid of ...
The Round-Up: Thursday - New York ObserverMan who attempted to parachute from the top of the Empire State Building in 2006 is charged with reckless endangerment. [NY Times] Among those at last night’s Christmas tree lighting ceremony at Rockefeller Center were Hurricane Katrina victims ...
Easy Credit Isn't So Easy Anymore - Washington ExaminerDetroit's Big Three automakers are back in town today, hat in hand, begging for $25 billion or more in government aid. And that reminds me of a reality that may shock a lot of very smart and sophisticated people in places like Washington, D.C., New ...
PROPERTY TRANSFERS: Nov. 17- 22, 2008 - Glasgow Daily TimesAubrey H. Carver, Aubrey Wayne Carver and Mae Dean Carver, 11.17 acres on Capitol Hill Road, to Aubrey Wayne Carver and Mae Dean Carver. David and Diana Saylor, 2 tracts on Bluff Springs Road, to Donny D. Wright, $76. Carla W. Allen, Master ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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