Clayton Mortgage Rates and Information Online from competing Lenders

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Should you refinance? - Fayetteville Observer
Janiece Brewer hasn’t been asked to crunch so many numbers since the housing boom of 2005. But instead of working with potential new homeowners, the inquiries at her mortgage loan company have been about refinancing as interest rates sink to record ...

Outgoing Sheriff Files for Bankruptcy - WXIA 11 Alive
JONESBORO, Ga. (AP) -- Victor Hill has ended four controversial years as Clayton County's sheriff by filing for bankruptcy, saying he is unable to pay damages of up to $1.7 million from several lawsuits. Hill's single term ended at midnight Wednesday ...

Victor Hill files for bankruptcy - Atlanta Journal Constitution
Outgoing Clayton County Sheriff Victor Hill filed for bankruptcy during his last week in office. Hill, who ends his single term at midnight Wednesday, filed suit Tuesday in U.S. District Court, claiming he does not have enough money to pay $1.7 ...

COMMON PLEAS - Salem News Online
Chase Home Finance v. Jeffrey C. Watson of East Liverpool; foreclosure sought. Countrywide Home Loans v. Daniel and Lori Earich of Salineville, etc; foreclosure sought. Bank of New York v. Terri L. Presto of Wellsville, etc; foreclosure sought. U.S ...

Several developments were brought to fruition - Pahrump Valley Times
The Home Depot store, a 130,000-square-foot big box store opened Aug. 14 on Highway 160 and Basin Avenue, is the most obvious sign of growth in Pahrump. The project was estimated to create 130 jobs during groundbreaking ceremonies in October 2007 ...

Georgia Housing Leaders Call on Congress to Help Main Street - Earthtimes
ATLANTA - (Business Wire) The Georgia housing industry called on Congress today to address the housing crisis that is at the root of the nation’s recession. Rick Porter, owner of Richport Properties, Inc.; Kenny King, president of Kingsland Corp ...

More homes up for auction - Dubuque Telegraph Herald
It's heartbreaking, financially draining and, for many, foreclosure is the last resort. Foreclosure is the last option when the only thing left to do is walk away. But as the number of sheriff's sales spiked across the tri-states in 2008, it seems ...

Seeing ahead in 2009 - Boston Globe
Karl Case made a reputation as a distinguished housing sage with prescient calls on the real estate market. A Wellesley College economist whose name is on the most widely followed barometer of the housing market, the S&P/Case-Shiller home price index ...

Realtor foresees dip in Toronto - Toronto Star
The average price of a house in Canada is likely to decline by 3 per cent this year as sales activity continues to cool, according to Royal LePage Real Estate Services. The number of residential resales is forecast to decline 3.5 per cent across ...

Credit crunch: the big picture - Toronto Star
All week, you've been hearing about subprime this, and asset-backed that, and commercial paper whatever. Here's the big picture: the stock market has been going strong for years. This pullback is a natural and expected result – some say it was ...

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Today's Mortgage Terms starting with L

  • Lender: The bank, mortgage company or mortgage broker providing the loan.
  • Loan Application: A statement of personal and financial information needed to apply for a loan.
  • Loan Application Fee: A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.
  • Loan Origination Fee: Fee charged by a lender for the administrative costs of processing a loan.
  • Loan to Value Ratio (LTV): The balance of the mortgage outstanding as a percentage of the home's price.
  • Lock or Lock In: A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.
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