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$60 million sliced from state budget - Concord MonitorLawmakers chopped almost $60 million from the state's budget yesterday, with wide-ranging cuts hitting school building aid, environmental programs and hospital reimbursements. The cuts stripped back many of the new programs lawmakers cited as ...
Green Capital Hill and Green Capitol Hill Domains Set for Auction - EarthtimesCONCORD, Calif. , Nov. 18 /PRNewswire/ -- Due to economic downturns and company burnouts, there may be a new surge of companies in multiple fields, mainly: financial, mortgage, real estate, and investment institutions that need to revamp themselves ...
Bailout, please - Concord MonitorCould somebody please tell me where I can sign up for one of the government bailouts? I'm having quite a bit of financial difficulty right now, but just like all the others it really isn't my fault, so I want to jump on the bandwagon before the line ...
News from Friday, November 21 - Santa Rosa Press DemocratGauchos nearly flawless in playoff opener 4 hrs ago Casa Grande's mean green machine rolls over Concord 4 hrs ago Cal runs circles around No. 2 Rutgers 4 hrs ago Mortgage rates drop for 3rd week 4 hrs ago Rookie Rose takes over vs. Warriors 4 hrs ago ...
East Bay loses 3,000 jobs on October - Contra Costa TimesEast Bay employers have jettisoned nearly 22,000 jobs during 2008, leaving the region mired in its worst job market since the 9/11 terrorist attacks seven years ago, according to an ominous new report released on Friday. Adjusted for seasonal changes ...
Winthrop Realty Trust Q3 2008 Earnings Call Transcript - Seekingalpha.comGreetings and welcome to the Winthrop Realty Trust third quarter earnings release conference call. At this time, all participants are in a listen-only-mode. A brief question-and-answer session will follow the formal presentation. (Operator ...
LATEST POLITICS VIDEOS - CNBCNew York Attorney General Andrew Cuomo to urge Citi execs to forego bonuses, reports CNBC's Mary Thompson. "Slush fund" ... "banana republic" ... "Keystone Kops." That's how some observers are describing the government's effort to stabilize the ...
TRUMBULL COUNTY - VindicatorScott D. Dustman, 40, of 3962 Anderson Road, Leavittsburg, and Tammy L. Knepper, 36, of same. John R. Santiago, 40, of 7164 state Route 46, Cortland, and Pauline E. May, 51, of same. Brandon C. Salen, 27, of 1767 State Road, Warren, and Nina M ...
UC Raises, Loses Fortune - East Bay ExpressCal officials have been feverishly begging rich alumni for money in the last few months, launching a massive new fundraising campaign. And if the initial numbers are any indication, it seems to have worked. In the last few months, fundraisers have ...
Capital's Inaction Rattles Wall Street - AOL(Nov. 21) - Wall Street isn't feeling much love from Washington these days. With the lame-duck Congress and the Bush administration unable to agree on any action to boost the economy or ease the financial crisis, the markets have nosedived. The Dow ...
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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