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August 2008 - NPR NewsWhen author and Columbia University professor Farah Jasmine Griffin watched as Barack Obama won the presidential nomination of his party, she writes, "I wondered what [Fannie Lou Hamer] would have thought about this night." Last night, the Democratic ...
The Weedpatch Gazette - Tehechapi NewsReal Name: Samuel Heath Member Since: February 03, 2007 Last Signed In: August 16, 2008 Profile Views: 4641 Blog Views: 52458 It seems a fair question to ask of God, and in searching for an answer Clara Bow voiced the often further and companion ...
A fighting chance - Baltimore SunFrom the skull on his shirt to his own gleaming noggin to the tattoo of a grinning demon on his enormous right biceps, John Rallo looks decidedly like someone you would never want to mess with. And that's part of the truth of his existence. He's ...

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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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