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News about Mortgages:
Rental-building sales fall in Metro Vancouver - Georgia StraightThere has been a significant drop in the number of rental apartment buildings sold in Metro Vancouver in the first six months of 2008 compared with the same period last year, according to an August newsletter published by real-estate brokers David ...
RSS Feed: Local News - Tracy PressA homeowner shot and wounded a man who he said was trying to steal a motorcycle from the back of his pickup early Friday morning on the 100 block of Victoria Court. Police barricaded the street after the shooting shortly after 3:30 a.m., and the ...
PHOTOGRAPHED BY HARLEY SOLTES - Seattle TimesTHE NEON SIGNS float like beacons in the night sky at one end of a welcoming, spacious downtown: red, tempting and foreign. GO BY TRAIN pleads one. GO BY STREETCAR urges the other. Something tells me we're not in Seattle anymore, Toto. No, we're in ...
Program to hold off foreclosure may be extended - Raleigh News & ObserverSixty-one counties now participate in the loan program. Funds are distributed on a first-come, first-served basis. Loan payments are deferred for 15 years, or until the home is sold or refinanced. To be eligible for a loan, applicants must meet five ...
Voter Participation - OpEdNews.comRafe Pilgrim: Protest Votes and Protest Zones (4 comments) We need to ask ourselves if protest votes and protest devices serve any purpose beyond insulating the abusers from the abused. Thursday, August 7: BRAD BLOG : Missouri Voter Refuses Illegal ...
Original Watch URL: - Milwaukee Journal SentinelAfter accounting for impairment charges for its discontinued British subsidiary, the papermaker Appleton said this afternoon that it had a second-quarter loss of $42.7 million compared with a loss of $1.7 million in the second quarter of 2007. Sales ...
Economic issues loom large in 13th - Raleigh News & ObserverFranklinton man runs against Miller WASHINGTON - Derald Hafner is a busy man. Between the machine shop he is trying to start and the fledgling organic farm he's working on, the former college economics major says he is working 12-hour days and barely ...
Drawing investment lessons from turbulent capital markets - AME InfoActually this is not a market prediction from AME Info after observing the past seven days. It is what the 83-year old 1970s stock market guru Joseph Granville wrote to his newsletter subscribers in October last year. The statement by George Soros in ...

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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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