Durham Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
General Growth Properties gets loan extension - Triangle Business JournalGeneral Growth Properties Inc. , which owns The Streets at Southpoint mall in Durham, has received a two-week extension on $900 million in mortgage loans that came due on Nov. 29. The company says it is seeking a longer extension. In mid November ...
Mortgage brokers seeing more refinancing - WRALRaleigh, N.C. — New numbers out Wednesday show national sales of new homes are at their lowest point in 18 years. But when it comes to pre-owned, the days of bargain hunting here may be over. The Federal Home Finance Agency reports prices are still ...
Organizers to expand medical clinic - Owen Sound Sun TimesThe recent announcement that Durham is becoming part of the Brockton and area family health team is in part behind plans to expand the Durham medical clinic. “Considering there are no new family health teams being announced this year for the ...
Four Seasons' parent company gets two-week reprieve - Greensboro News & RecordCHICAGO (AP) — General Growth Properties Inc. has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping mall owner works to stave off bankruptcy and negotiate longer-term extensions with lenders. The ...
Volunteers Serve Hungry Families On Thanksgiving - WFTVORANGE COUNTY, Fla. -- There were hundreds of people outside the Salvation Army on Colonial Drive two hours before it was time to serve Thanksgiving Dinner Thursday. "I never thought I'd be here, but never say never," said Kendra Durham, while ...
Dukes up: No. 7 Blue Devils top Duquesne 95-72 - FOX NewsDURHAM, N.C. — Lance Thomas scored a career-high 21 points to help No. 7 Duke rout Duquesne 95-72 on Friday. Thomas, the first big man off coach Mike Krzyzewski's deep bench, had 12 of his points in the decisive first half and made all eight of his ...
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 ...
Career Moves - Raleigh News & ObserverStory Tools Donald R. "Don" Edwards has been named project manager at Southern Industrial Constructors/Southern Crane, industrial contractors in Raleigh. Jason Newton, a partner with Yates, McLamb and Weyher law firm in Raleigh, was elected treasurer ...
Horror invades happy home - CNEWSOSHAWA -- The townhouse was supposed to be the start of their dreams -- not the site of their worst nightmare. Rick and Leslie Kelly had moved to the southern Oshawa townhouse along Glen St. this year, figuring that buying was better than paying ...
Raleigh home prices remain strong - Triangle Business JournalThe Raleigh metropolitan area again ranks among the nation’s best in terms of its housing prices, according to new federal data. The Office of Federal Enterprise Housing Oversight says the Raleigh area’s home prices rose by 3.74 percent from the ...
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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