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New Brunswick Housing Starts Decline in August - CNW Group
MONCTON, Sept. 9 /CNW/ - According to Canada Mortgage and Housing Corporation's preliminary data(1), residential construction in August of 2008 produced a total of 263 starts in New Brunswick's urban centres, down from 395 units during the same ...

Warren man, Union woman sentenced for roles in forgery scheme - MyCentralJersey.com
Salvatore Gramaglia, 55, the chief executive officer of A&G Fine Foods headquartered in Middlesex Borough, pleaded guilty July 22 to forgery before state Superior Court Judge Paul Armstrong, who handed down the sentence. On Sept. 12, Paula Benhayon ...

Housing starts to fall slightly in 2008 - CNW Group
OTTAWA, Feb. 4 /CNW Telbec/ - Housing starts reached 228,343 units in 2007, an increase of 0.4 per cent from 227,395 in 2006, according to Canada Mortgage and Housing Corporation's (CMHC) first quarter Housing Market Outlook, Canada Edition report ...

Unemployment climbs to 5-year high of 6.1 percent - Miami Herald
Robert Wittke, left, 24, who says he has been looking for full or part-time work for about two months, talks with manager Jennifer Kaminsky as he fills out an application at Snelling Staffing Services in East Brunswick, N.J., Friday, Sept. 5, 2008 ...

Fannie Mae, Freddie Mac wielded big clout in Washington - Christian Science Monitor
Reporter Gail Russell Chaddock talks about the enormous political clout that Fannie Mae and Freddie Mac wielded in Washington. Washington - Mortgage giants Fannie Mae and Freddie Mac didn't just dominate the nation's $12 trillion home loan market ...

Tax Tips and Changes as the Deadline Nears - US News and World Report
The deadline is again April 15 (it was pushed later the past two years because of weekends and holidays). And at least there's a place on this season's 2007 income tax return for all the deductions you're allowed. Last year some filers had to follow ...

Americans Rattled by Lehman, Unsure It Affects Them (Update1) - Bloomberg
Sept. 16 (Bloomberg) -- Wall Street had Daniel Palladino rattled. He couldn't put his finger on why. ``I'm trying to absorb all this,'' said Palladino, 48, a television writer, as he had coffee yesterday at the Farmer's Market in Los Angeles and read ...

Americans Certain Lehman's Bad, Just Not Sure It's Bad for Them - Bloomberg
Sept. 16 (Bloomberg) -- Wall Street had Daniel Palladino rattled. He couldn't put his finger on why. ``I'm trying to absorb all this,'' said Palladino, 48, a television writer, as he had coffee yesterday at the Farmer's Market in Los Angeles and read ...

Credit crisis limits students seeking college loans - Newark Star-Ledger
Patti Sapone/The Star-Ledger A student waits for a bus at Rutgers University in New Brunswick. As the nation's credit crisis spreads through the financial industry like a wicked virus, it is exacerbating the ability of college-bound students to find ...

U.S. takes sweeping economic actions - International Herald Tribune
The problem isn’t a lot of money it is the lack of ‘money’ - a credit crisis is built into the modern global ecomomy with its insatiable need for ‘cash’ in a modern global economy ‘cash’ is both ‘real’ and ‘unreal’ - The banks ...

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Today's Mortgage Terms starting with V

  • VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
  • Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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