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A New Year Needed - Flathead BeaconA new year, a fresh start? I hope so. The last one turned sour about midway through and ended on an especially bitter note when the Columbia Falls Aluminum Co. announced just a few days before Christmas that it was shutting its doors. When, exactly ...
Ichabod Stink and Footprints in the Snow - Flathead Beacon3:57 a.m. People said it smelled like gas on Seventh Avenue West in Kalispell. 7:55 a.m. The driver of a red Chevrolet Corsica sped past an eastbound motorist, prompting an angry phone call. 8:37 a.m. A rock likely caused the crack in the windshield ...
Deducting medical care expenses - Baltimore SunBaltimoresun.com's tax-advice column features three experts from the Hunt Valley accounting firm SC&H Group answering questions about preparing your return every Monday until April 17. To be included in the following weeks, please use the form at the ...
How the Middle East crisis affects oil prices - Globe and MailAs the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. Is the recent jump in oil prices directly related ...
Four rescued in early morning Milwaukee fire - Milwaukee Journal SentinelJan. 3, 2009 10:58 a.m. | Four people were removed from a burning apartment building by firefighters climbing ladders early this morning, according to Deputy Chief Jerry Dillard of the Milwaukee Fire Department. None of those assisted from the three ...
Update: Power restored in Shorewood, on east side - Milwaukee Journal SentinelJan. 2, 2009 9:40 p.m. | Power has been restored to about 3,700 We Energies customers in Milwaukee and Shorewood affected by a power failure reported about 5 p.m. today, according to Barry McNulty, a spokesman for the utility. All power was restored ...
2009 Currency Market Outlook - FXStreet.comHow Did the Dollar Trade in 2008? It has been an exceptionally active year in the foreign exchange market as currency volatilities hit record highs. In the first half of the year, everyone was worried about how much further the dollar would fall but ...
Today's Mortgage Terms starting with C
Cash To Close: Liquid assets that are available on hand for payment of closing costs involved in the processing of a mortgage transaction.
Closing: The completion of a real estate transaction. The closing includes the delivery of a deed, financial adjustments, signing of notes and disbursement of funds required to finalize the sale and loan transaction.
Closing Costs: Fees generally paid by the borrower in relation to the closing of a mortgage loan.
Collateral: Property pledged as security for a debt.
Conforming Loan: Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC). These agencies generally buys first mortgages up to loan amounts approved by Congressional directive.
Conventional Loan: Loans that are not part of any government housing program, free of any restrictions of government insured housing programs, such as loan size limits.
Conversion Clause: A feature in certain ARMs that gives you the option to convert the variable rate loan to a fixed-rate loan, usually after the first adjustment period. The new fixed rate will be set at current rates and there could be a fee for the conversion feature.
Convertible ARM: A type of ARM loan that can be converted to a fixed-rate loan after a certain time period.
Covenant: A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
Credit Bureau: It is a clearinghouse for credit history information.
Credit Report: A report containing a detailed credit history of an individual.
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