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Foreclosure: Nevadans hit hard in national crisis - Reno GazetteShelly Griese hates to move. But in the last four months, the 47-year-old Reno resident found herself doing exactly that. Twice. Packing boxes on a clear November afternoon, a tired and dejected Griese expressed disbelief on how quickly her life has ...
Sponsored by: - Reno GazetteAs of Nov. 4, bank-owned properties and short sales comprised 45 percent of the Reno-Sparks market, said CalNeva Realty owner Mitch Argon, who regularly publishes a report on local foreclosure inventory on his Web site FreeNevadaMove.com. Bank-owned ...
No break in housing slump - Colorado Springs GazetteHousing construction in El Paso County remained mired in a deep slump in November. Single-family building permits fell to the lowest monthly total in more than 17 years and mortgage foreclosures continued climbing at a record pace. Single-family ...
Obama Transition Releases Private Donor List - Wall Street JournalT.W. Farnam reports on politics. President-elect Barack Obama ’s transition office has released a list of private donors who have contributed $1.2 million to supplement public funding for the office. The list, which covers through Nov. 15 and will ...
Homebuilding expected to pick up - Killeen Daily HeraldKilleen area homebuilders, reassured recently that troop levels at Fort Hood will stay constant and eventually increase, are still biding their time on new construction to get some surplus inventory sold before they start aggressive building again ...
Premier League Weekend Winners And Losers - Football365.comHaving claimed - with good reason - not to have seen whether Arsenal's equaliser was offside, the Arsenal manager will no doubt be derided by the tedious band of email writers who still find amusement in his selective myopia. Perhaps they ought to ...
Leave a Comment - PopsugarTo post comments, please sign in or register . Here's How the Sopranos Might Have Ended Caption It: Which Caption Should Win? First Look: Scrubs Season Eight With Courteney Cox What to TiVo: Tuesday Which Gossip Girl Supporting Character Deserves ...
Having a Ball - PopsugarDec 2 2008 - 10:00am Justin Timberlake joked around with man of the evening, Samuel L. Jackson, at the American Cinematheque Awards in LA on Monday night. Sugar Bits — Kirsten Gets Restraining Order Against Stalker Kidman Shows Baby Sunday The ...
Edward Lawrence, Reporter - Lasvegas NowNevada voters will play a big role in deciding the presidential election. To minimize any problems, the state set up command centers and a task force to handle potential issues. A family spokesman says the Nevada campaign director for Barack Obama's ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. The Bush administration is launching a quiet effort to burnish its record, perhaps as much for the benefit of future historians as for a ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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