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Valley housing recovery on track - AZCentral.comNational real-estate analyst Tim Sullivan of the Sullivan Group put together a seven-point test to track a recovery of metropolitan Phoenix's housing market. Last December, the Valley passed only one of the measures. Check out the area's current ...
Mortgage-rate drop may spur home purchases, refinancing - AZCentral.comValley residents waiting for the right time to buy a home or refinance their mortgage received a nice holiday gift from the federal government this week. The Federal Reserve's announcement Tuesday that it would spend $600 billion to buy up mortgage ...
Fed's emergency loan program increases activity - Napa Valley RegisterWASHINGTON - The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system. The Fed released a report Friday saying commercial ...
Bernanke: lower interest rates are 'feasible' - Napa Valley RegisterWASHINGTON - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. The Fed's ...
Upstate NY office makes more energy than it takes - MSN MoneyCentralRHINEBECK, N.Y. (AP) - Northeast winters can challenge even the greenest of buildings. Solar panels struggle on dreary days. Insulation is tested by subzero temperatures. So the owners of Hudson Valley Clean Energy are laying claim to a conservation ...
New Farm median house price surges to $1 million - News.com.auHOUSE hunters are in danger of being locked out of the inner-city Brisbane market, with the median price in New Farm having surged above $1 million. According to RP Data figures, a 12 per cent increase in the median house price (to $1.1 million) in ...
Big increase seen in area’s bankruptcies - Observer-DispatchBankruptcies have been increasing sharply in the Mohawk Valley despite a 2005 amendment to a federal bankruptcy code made to curb the filings, according to court records. There were 56 percent more bankruptcy filings in Oneida County in 2008 — with ...
Treasurys extend gains amid investor worries - Buffalo NewsYields on U.S. government debt touched fresh lows again Tuesday as investors, worried about the economy and the ongoing volatility in stocks, again sought out the safest investments. Yields, which move opposite their price, fell to record lows on the ...
Stocks end short session with 5th straight gain - Modesto BeeModesto pastor: Consider confession if you voted for Obama Car crash gives Modesto family a jolt Friday night crash KOs power at McHenry and Floyd Boy, 4, dies after TV falls on him Mr. Smith comes to Modesto Oh boy, the Petersons ... again Valley ...
Italy approves euro80 billion relief package - Buffalo NewsThe Italian government on Friday announced an euro80 billion ($103.2 billion) emergency package offering relief to banks, families and companies suffering in the global economic crisis. The package, which is part of a proposed euro200 billion ...
Today's Mortgage Terms starting with U
Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
URLA: Uniform residential loan application.
Usury: Interest charged in excess of the legal rate as established by law.
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