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Bush to create new protected ocean monuments - Los Angeles TimesWashington -- President Bush will create three new marine national monuments in the Pacific Ocean, White House spokeswoman Dana Perino said today, designated areas that will span 195,280 square miles and protect some of the most ecologically rich ...
Astronomy one of many options for talented Fruita senior - Grand Junction Daily SentinelShe may be Ellen the journalist. Or Ellen the astronomer. Or Ellen the animal-rights crusader. The future has not laid out a single, clear path for Ellen Gaglione, but really, what high-school senior should have the rest of her life already set ...
Suicides in National Parks Increase - Flathead BeaconSALT LAKE CITY – Freshly unemployed, former business executive Bruce J. Colburn flew to the far northwest corner of Montana in search of a place to die. In early October, he paid a hotel clerk to drive him into Glacier National Park. He spent the ...
Transition As Soap Opera - Post ChronicleThough not altogether unusual as new administrations prepare to take office, the soap opera accompanying the entry of the Obama outfit is inordinately delicious to republicans and a thorny mess to the democrats, who have hailed Obama as the messiah ...
World markets kick New Year off in style - WTOP RadioLONDON (AP) - World stock markets rallied strongly Friday on the first trading day of 2009 as New Year's optimism more than offset grim economic news from around the globe. The FTSE 100 index of leading British shares closed up 127.62 points, or 2.9 ...
Group plans to protest Redford's environmental views at film festival - ksl.comMr. Redford needs to practice what he preaches! One example: I remember driving through Provo Canyon a few months ago and seeing a fairly new green SUV flying by me at speeds well above the speed limit. After catching up to this vehicle by chance ...
Overview: New year begins on positive note for equities - Financial TimesGlobal equities began the new year on a positive note as investors endeavoured to put the wreckage of 2008 behind them and focused instead on hopes for better times ahead. “The markets deserve a bear rally after the vicious losses and aggressive ...
Ringing out the old - Buffalo NewsWell, that wasn’t much of a year, was it? Eliot Spitzer got caught with his pants down, Sarah Palin liked her clothing far too much and the American economy lost its shirt. Time to give 2008 the boot. Or just throw your shoe. It wasn’t all bad ...
World markets up strongly in New Year rally despite more grim economic ... - Minneapolis Star TribuneLONDON - World stock markets rallied strongly Friday on the first trading day of 2009 as New Year's optimism more than offset grim economic news from around the globe. The FTSE 100 index of leading British shares closed up 127.62 points, or 2.9 ...
Federal Reserve is damned either way as it battles debt and deflation - Daily Telegraph"Such a disaster is somewhat like the capsizing of a ship which, under ordinary conditions is always near stable equilibrium but which, after being tipped beyond a certain angle, has no longer this tendency to return to equilibrium, but a tendency to ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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