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Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. As details emerge about the incoming Obama administration’s stimulus plans, Peter Boone and Simon Johnson argue that proposals should be even ...
Real Estate Transactions - Charleston Post & CourierThe transactions listed below include properties sold for $200,000 or more and recorded Nov. 10-14. McAlister Togant Kiawah LLC sold 6005 Green Dolphin Way, The Maritime at Kiawah to Robert A. and Bette T. Kennedy for $2.4 million. Mount Pleasant ...
CBJ: Property Transfers & Building Permits - Daily ProgressNOV. 3 l Cecil, Donald R to Cecil, William Brian, lot 46 Virginia Avenue, gift. l Orlick, Jeffrey T to Brennan, Andrew, parcel on Locust Avenue, $439,200. l Federal National Mortgage Association to Amtrust Bank, lot 66L block A Orangedale, by deed of ...
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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