Louisville Mortgage Rates and Information Online from competing Lenders
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News about Mortgages:
Katrina evacuee puts group show together - Louisville Courier-JournalA box of bones, female mechanics and comments on the animal nature of humans share the art limelight in Louisville this weekend: • Today: New Orleans hurricane refugee Tim Faulkner celebrates one year in his adopted Louisville with his Tim Faulkner ...
BB to NEW blogsphere - Louisville Courier-JournalWall Street rebounds sharply after big drop Ford plans won't affect Louisville Assembly retooling PharMerica extends agreement with Kindred Are you looking for a new mortgage? We want to hear from you ICAP plans to donate Dec. 10 revenues to charity ...
RV credit in slow lane - Elkhart TruthLOUISVILLE, Ky. -- The tightness of the credit market can be measured by the speed of the fax machine at RV Connections. Just a year ago, when the dealership in Panama City, Fla., submitted a loan application for a customer, the fax machine would ...
Choose Another City: - Birmingham Business Journalbizjournals Albany Albuquerque Atlanta Austin Baltimore Birmingham Boston Buffalo Charlotte Cincinnati Columbus Dallas Dayton Denver Greensboro Honolulu Houston Jacksonville Kansas City Los Angeles Louisville Memphis Milwaukee Mpls./St. Paul ...
General Growth gets loan extension - Business FirstGeneral Growth Properties Inc. , the financially struggling operator of Oxmoor Center, Mall St. Matthews and River Falls, has received a two-week extension on $900 million in mortgage loans that came due Nov. 28. The company says it is seeking a ...
Einstein wins Clark Handicap at Churchill - FOX NewsThe 6-year-old horse stormed past heavy favorite Commentator at the top of the stretch Friday, then held off Delightful Kiss and won by 1 1/2 lengths. Einstein was ridden by Julien Leparoux completed the 1 1/8 miles in 1:49.79. The winner paid $11.80 ...
Economic weakness in Eighth District grows - Memphis Business JournalFederal Reserve names Huang VP treasury relations For St. Louis banks, hurdles never end Region’s business conditions continue to ‘weaken’ Foreclosure moratoria come with cost Economic conditions in the Federal Reserve’s Eighth District have ...
Kentucky banks in relatively good shape and so is home ownership - Richmond RegisterSome things about the economy are actually better in Kentucky, but as usual, it’s a good news-bad news scenario. Two university economics professors told the General Assembly’s Banking and Insurance Committee Tuesday that Kentucky banks are ...
NEWS SUMMARY: Cities Cutting Back - PLANetizenIt is a confusing time for cities and the people who work for them. On the one hand, the recent election showed a groundswell of support for new investment in infrastructure. Americans passed $75 billion in funding for public transportation, from a ...
Choosing between home and health care - Arlington Heights Daily HeraldMedical debt is putting more patients at risk of losing their homes. • Consumer advocates say people generally shouldn't refinance or use home equity to pay medical bills. • Hospitals are often more willing than banks to forgive debts or set low ...
Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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