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September August July June May April March February January 2007 - Nypress.comWell, it’s official: Rupert Murdoch (illustrated here in an episode of "The Simpsons") is the reigning king of corporate media and nothing sacred is safe from his grasp. According to The Wall Street Journal , News Corp has now secured enough votes ...
Can a touch of pink help turn reliably conservative state blue this ... - Washington BladeGay rights advocates and gay-supportive members of Congress say they remain uncertain whether two important gay rights bills can clear the Senate before lawmakers adjourn in the fall to devote their efforts to the upcoming presidential and ...
Eye To Eye with Katie Couric - CBS NewsNew Episodes Daily, Monday - Friday Hear newsmakers in their own words as Katie Couric picks the hottest interview of the day from CBS News. Eye To Eye: Condolezza Rice | 08/19/2008 In an exclusive interview with CBS News chief foreign affairs ...
GM posts record loss, makes further cuts, offers buyouts - Sioux City JournalDETROIT (AP) -- General Motors' new Chevrolet Malibu sedan is so popular dealers can barely keep it in stock. Even with boosted production, it will likely be April or May before demand is met. "I hope we're never there," Mark LaNeve, GM's sales and ...
Canon U.S.A. Adds LPGA's Michelle McGann To Canon4Kids - CSR Wire(CSRwire) Lake Success, New York – Golfer Michelle McGann, a seven-time winner on the Ladies Professional Golf Association (LPGA) Tour, is participating in Canon4Kids, the program created by Canon U.S.A. that seeks to help locate missing children ...
What's Behind GM's $39 Billion Loss? - US News and World ReportHow can a company, even a huge company, lose $39 billion in a single quarter? That's what investors are puzzling out after General Motors announced it is recording a huge accounting charge related to losses that have piled up over the past three ...
The year in music - Los Angeles TimesIn October, I published a list of what I thought most other critics would put on their 2007 Top 10s. My predictions are panning out, though I should have ranked LCD Soundsystem higher and recognized that few would grasp that Rihanna's more than a ...
Top National News Right Now - KCBDWASHINGTON (AP) - The Fed chairman and other top economic officials go before a Senate panel this morning. In addition to providing an update on the health of the economy, Fed Chairman Ben Bernanke will provide more detail on the Fed's just announced ...
GM Reports Preliminary 2007 Financial Results - The Auto ChanelDETROIT, Feb. 12 -- General Motors Corp. today announced a 2007 calendar-year adjusted net loss, excluding special items, of $23 million, or $.04 per diluted share. This compares to adjusted net income of $2.2 billion, or $3.84 per diluted share in ...

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Today's Mortgage Terms starting with I
Index: An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.
Initial Rate: The rate charged for the first interval of an ARM loan.
Interest: Compensation in the form of money paid for the use of money.
Interest Rate Cap: Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.
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