Preston Mortgage Rates and Information Online from competing Lenders

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Travolta family returns to US with son's remains - Buffalo News
Actor John Travolta and wife Kelly Preston are back in Florida with the remains of their 16-year-old son. A Bahamian parliament member and family friend says the couple left the island chain Monday night after receiving an urn with Jett Travolta's ...

Cut taxes to spur spending, Ignatieff says - Globe and Mail
Mansbridge on the National last night was talking about recent polling results indicating a staggering 90% of Canadians stating a recession is here. That same figure however stated that they themselves have not been impacted by the recession. Wanna ...

Brace yourself: Political-market risks in 2009 - Reuters Blogs
– Preston Keat is director of research at Eurasia Group, a global political risk consultancy, and author of the forthcoming book “The Fat Tail: The Power of Political Knowledge for Strategic Investors” (with Ian Bremmer). Any views expressed ...

Death certificate: Travolta son killed by seizure - Buffalo News
Associated Press Writer Jett Travolta's body shows no sign of head trauma and his death certificate says he was killed by a "seizure," an undertaker said Monday, as the 16-year-old's celebrity parents prepared for a Florida funeral. Glen Campbell ...

No RBA meeting expected for January - ninemsn
Borrowers will have to wait until February for more mortgage relief with the central bank unlikely to interrupt their summer break and cut the cash rate on Tuesday, economists say. Economists said no cataclysmic financial event had occurred since the ...

Affluent homeowners downbeat on prices - ninemsn
Most affluent Australian homeowners think the value of their homes and investment properties will fall in the March quarter. The online survey found that 60 per cent of households with an annual income between $100,000 and $200,000 thought property ...

Officials to break ground on new C.J. Peete development - New Orleans Times-Picayune
Officials will break ground at 9:30 a.m. today on a new mixed-income development that will replace the C.J. Peete public housing development in Central City. This will be the second groundbreaking in the federal government's plan to replace the city ...

Does the Bank Rate matter? - bbc
There is a good deal in Evan Davis's remarks this morning on Today that all the fuss about whether the Bank of England should cut interest rates may be the equivalent of bald men arguing over who should have the comb - and his apology to my old ...

Chancellor Alistair Darling on brink of second bailout for banks - Times Online
Alistair Darling has been forced to consider a second bailout for banks as the lending drought worsens. The Chancellor will decide within weeks whether to pump billions more into the economy as evidence mounts that the £37 billion part ...

Burton bowler Bill Clanton has three perfect 300 games this season - Grand Rapids Press
GENESEE COUNTY, Michigan -- It was just a matter of breaking through the barrier for Burton's Bill Clanton. For the first 23 years of his bowling career the wall stood firm. Then last season he succeeded, rolling his first 300 game at Richfield Bowl ...

Today's Mortgage Terms starting with S

Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.

Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.

Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.

Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.

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