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Emergency Assistance Fund helps local nonprofits - Georgetown RecordThe Eos Foundation of Boston and Harwich Port, the Highland Street Foundation of Boston, the Fireman Foundation of Boston and an additional foundation donating anonymously have created a $1.1 million Emergency Assistance Fund. These funds will be ...
No more bailouts, America - Lowell SunWho will be next to ask for a bailout? The airlines again, the entertainment business, retail stores, hotels and motels or the supermarkets? I recently read an article in which the individual said, "Various government leaders, corporate titans and ...
GOP fix begins by tuning out radio squawk - Lowell SunHow can the Republican Party rebound? The first step would be to quit letting Rush Limbaugh, Sean Hannity and Laura Ingraham set its agenda. A second step would be for Congressional Republicans to actually try to help President-elect Barack Obama ...
Column: Someone should go to jail over financial crisis - U-Wire.comLet’s say hypothetically that because of a few bad decisions and utter negligence on my part, I destroyed the Washington Monument. People would be upset. School children would lose a quality backdrop for photographs. Jerry Bruckheimer would no ...
Pirates Lose to Devils 5-1 - OurSports CentralPortland, ME - The Pirates suffered their fifth straight loss by a score of 5-1 to the Lowell Devils. Lowell came out with all the jump in the first period and grabbed a 3-0 lead, leaving Portland trying to fight back throughout the game. The Devils ...
Veteran judge in line for SJC - Boston GlobeGovernor Deval Patrick today is expected to nominate Superior Court Judge Ralph Gants as an associate justice of the Supreme Judicial Court, according to an official briefed on the nomination. Gants, 54, of Lexington, would fill the seat left vacant ...
Veteran judge nominated for SJC - Boston GlobeGovernor Deval Patrick today nominated Superior Court Judge Ralph Gants to be an associate justice of the Supreme Judicial Court. "Judge Gants brings a powerful combination of strong intellect and real world understanding. He has been a thoughtful ...
Exclusive: Big Government Fixes – Big Government Problems - Family Security MattersLooks like we’re in for more federal government and that can’t be good. Democrats have convinced most of us that our economic distress results from lack of regulation rather than too much. Whether that’s true or not (and it isn’t) doesn’t ...
Pirates Lose to Monarchs, 3-1 - OurSports CentralBuy sports tickets at CTC! Find cheap MLB baseball tickets , NFL football tickets , NBA basketball tickets , PGA golf tickets , NASCAR Race tickets , college sports tickets , concert tickets and theater tickets . Buy NFL Tickets , MLB Tickets , NBA ...
1 in 7 Mexican workers migrates -- most send money home - San Francisco GateRoughly 10 percent of Mexico's population of about 107 million is now living in the United States, estimates show. About 15 percent of Mexico's labor force is working in the United States. One in every 7 Mexican workers migrates to the United States ...
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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