Putnam Station Mortgage Rates and Information Online from competing Lenders
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November 2008 - Weekly StandardThe terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...
Who does the GOP rally around? - Atlanta Journal ConstitutionWho do you rally around now? McCain is defeated, Bush is discredited. Who is the party leader? Mitch McConnell? Really? The folks at MSNBC posted this item at First Read: NBC-WSJ GOP pollster Neil Newhouse did a post-election survey last night, and ...
Erie County Real Estate Transactions - Buffalo News• 31 Lanoche Court, Michael A. Young; Karen A. Young to Yijun Cheng; Li Li, $525,000. • 1 Cloister Court, Mary Michael Egan; Edmund A. Egan to Michael P. McGorry; Pamela M. McGorry, $466,000. • 73 Hampton Hill Drive, Nicholas D. Mecca; Efterpe ...
Email Crime Scene KC - Kansas City Star BlogsAttention Missouri travelers: Watch out for cows Terrorists target Mumbai More homicides in the metro Robber strikes bicycle ice-cream vendor Costume ban sparks protest, police presence Thanksgiving dinner in space Mother shot dead while lifting ...
Archive for February, 2008 - Reality CheckAfter the disastrous loss of majority status that befell the Republicans in Congress with the results of the 2006 midterm elections, conservative members of the GOP — and even a few not so conservative — began floating a new sound bite mantra. We ...
Election 2008 - Weekly StandardBill Sammon's sources tell him Steele may announce as soon as Thursday , and is courting the endorsement of Newt Gingrich, which if landed, would do much to scare off the incumbent and possible challengers: The source also contradicted a report in ...
AP: More voters wavered between McCain & Obama than thought - USA Today BlogsThe Associated Press bucks conventional wisdom this morning with one of the findings from the latest AP/Yahoo News Poll. The bottom line: More people changed their minds than previously thought about whether to vote for Democratic presidential ...
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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