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Teacher revels in student's success - Hattiesburg AmericanLaurie is a nurse practitioner. Ben is a superintendent. Doug and Elizabeth are math teachers. Brady and Andrew are stock brokers. Emily is a mortgage broker. Patrick does custom renovations. Kristi, Jennifer, and Pam are lawyers. Joanna is an ...
Letters, 9/7: Measures not objective - Lincoln Journal StarDavid Moshman’s Aug. 30 community column seems logical, but it deceptively diverts attention from the main reason why affirmative action is so necessary for overcoming our unfortunate legacies of racial and gender discrimination. It is not at all ...

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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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