Treasure Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Treasure Valley leaders, financial experts weigh in - Idaho StatesmanLocal business leaders and financial experts agree that a federal bailout of the financial system is critical, but some say it shouldn't interfere with the capitalist system. LaMont Keen, CEO of Idaho Power Co., said bad decision-making shouldn't be ...
HIDDEN TREASURE - New York PostTeflon Bob Rubin may have to buff up his non-stick coating as he braces for a fresh barrage of criticism over his failure to help Citigroup navigate the credit crunch. As Vikram Pandit, Citi's CEO, plows on with his boardroom shake-up, many investors ...
U.S. takes control of Fannie Mae, Freddie Mac - Los Angeles TimesWASHINGTON -- The federal government executed a sweeping takeover of mortgage giants Fannie Mae and Freddie Mac on Sunday in a move aimed at expanding the pool of money available for home finance and arresting a plunge in housing prices that ...
Takeover of Fannie and Freddie viewed with cautious optimism in Valley - Idaho StatesmanThe federal takeover of Fannie Mae and Freddie Mac produced hopes among Treasure Valley real estate agents Monday for lower mortgage interest rates and fewer foreclosures. But bankers were cautious. One longtime Valley real estate agent initially ...
Benefits limited from takeover of mortgage giants - Palm Beach PostThe government takeover of mortgage giants Fannie Mae and Freddie Mac sent stocks soaring Monday, but the bailout is unlikely to do the same for home prices, real estate experts say. Pessimistic observers see little connection between Sunday's move ...
Pastor's real estate dealings called fraud - Miami HeraldSTUART -- When everyone was making money, everyone was happy. Or so Rodney McGill thought, especially when the one-time drug dealer from Fort Lauderdale seemed to be one of the richest black men on the Treasure Coast, the man to go to if you wanted ...
10 Great Things You Can Do Right Now to Improve Your Job - US News and World ReportThese are hard times, but here are 10 basic steps you can take today, tomorrow, or this week to juice up your job (culled from many experts I've interviewed for various stories). 1 . Make some friends. "Life is hard and then you die." My mother has ...
Greenberg calls on Fed to help avert AIG collapse - Guardian UnlimitedThe man who built AIG into a global insurance empire has appealed to the US government to save the company, describing it as a "national treasure" which merely needs a temporary helping hand to survive. Hank Greenberg, who was chief executive of AIG ...
Report: W.Va. boasts lowest housing costs in US - ForbesWest Virginians pay the lowest housing costs in the country, but they also don't make a lot of money. The U.S. Census Bureau reported Tuesday that the median monthly housing cost in the Mountain State was $881 in 2007, compared to the national median ...
What fates await the reckless and ruinous? - Kansas City StarIf a man, driven by desperation, robs a convenience store for money to feed his family, it’s quite likely he’ll go to prison. If a different sort of man, propelled by recklessness, stupidity or ungoverned greed, causes hundreds of thousands of ...

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Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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