Salisbury Mortgage Rates and Information Online from competing Lenders

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Berks County Week in Review - Reading Eagle
A recap of the week’s top news stories including details of the 2009 Berks County budget, an update on a proposed rail line from Wyomissing to Philadelphia, Boscov's receives financial aid from the federal government, and a new veterans memorial is ...

November 2008 - Weblogs.baltimoresun.com
Former Gov. Robert L. Ehrlich Jr. got strongly behind Sen. Andy Harris in the 1st District congressional race. With Ehrlich's backing, Harris offed Republican incumbent Wayne Gilchrest in the primary. But Harris was bested by Frank Kratovil, a little ...

Md. Seeks More Mortgage Companies in Relief Effort - WBOC
ANNAPOLIS , Md. - Gov. Martin O'Malley said Friday he's hoping an agreement with six mortgage servicing companies to help struggling homeowners avoid foreclosure will pressure other companies to join the effort. The six companies service about 23 ...

Bank auctions millions in real estate - Newburyport Daily News
SALISBURY — At a foreclosure auction yesterday, it took only minutes for two local properties with a combined assessed value of more than $2.5 million to be bought back by the bank that foreclosed on their mortgages. The bank paid about a quarter ...

Help is out there for homeowners facing foreclosure - Salisbury Post
If you're behind on your mortgage payments, don't despair silently and wait for foreclosure. And whatever you do, say local housing counselors, don't pack up and move out. There's help available from those counselors and attorneys, and the services ...

Computer Software - PR.com
Founded in 1998, Cembex provides clinical software for ambulatory care practices to help manage patient care. Specializing in oncology, their flagship product, ChemoSAFE(TM), is leading the industry... DVDVideoSoft is an independent software vendor ...

Housing consultant wants to change East Spencer renters into ... - Salisbury Post
EAST SPENCER — Andrea Britton-Brown wants to help people buy houses here. But as the town's housing consultant, she told the Board of Aldermen on Monday she needs some money from the town to get started. Two local companies — Palmore Construction ...

Ex-landfill supervisor pleads guilty to conspiracy - Delmarva Now
SALISBURY -- Wicomico County's former landfill supervisor and second-in-command is awaiting sentencing after pleading guilty in Circuit Court to conspiracy to commit grand theft charges. Paul Tomaszewski, a 43-year-old Delmar man, could face up to 15 ...

Bus service saved by county council - This is Winchester
A POPULAR cross-border bus service has been saved after Wiltshire County Council withdrew its funding. Hampshire County Council has stepped in to secure the future of service 68 which links Winchester with Stockbridge and Salisbury. Hampshire has ...

Is the sky still falling? Real estate, mortgage experts say your ... - Newburyport Daily News
NEWBURYPORT — Single-family home prices in 10 major metropolitan areas nationwide in February were down 11.4 percent from a year earlier. Clearly, the real estate market is still reeling. But then there's the news that existing home sales are now ...

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Today's Mortgage Terms starting with A

  • Accrued Interest: Interest earned but has not been paid
  • Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
  • Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
  • Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
  • Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
  • Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
  • Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
  • Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
  • Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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