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Growth expected to hit 6yr low - Australian Broadcasting Corp.Economists are expecting official figures out today to show there is been a marked slowing in annual economic growth. The figures are tipped to show the economy expanded by 0.2 per cent in the September quarter, to take the annual growth rate to just ...
Economic growth slows to a crawl - Australian Broadcasting Corp.New official figures show annual economic growth has fallen to its lowest level in seven years. The National Accounts show the economy grew by 0.1 per cent in the September quarter, less than the 0.2 per cent quarterly growth rate most economists had ...
Five Piping Hot Water Infrastructure Plays - Seekingalpha.comPresident-elect Obama wants to stimulate the economy by going the FDR/WPA route of creating two million jobs to fix America's aging roads and highways. He may want to add the country's crumbling water system to his infrastructure To-Do list. An ...
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 ...
Vatican Statement on Doha Meeting - ZenitVATICAN CITY, NOV. 26, 2008 ( Zenit.org ).- Here is a translation of the document prepared by the Pontifical Council for Justice and Peace and approved by the Vatican secretariat of state on the causes and consequences of the world financial crisis ...
Junior Resources Stocks Likely to Continue to Crash - Seekingalpha.comJunior resources stocks reside in a realm that has long been considered the Wild West of the equity markets. And investors who speculate on the junior circuit are the consummate gamblers. Risks and rewards are realized in extreme fashion as juniors ...
Perspectives on the markets, with Bruce Kasman, JP Morgan and David ... - CNBCInvestors will have to get used to these "hazardous" market conditions because volatility is going to continue well into 2009, Christian Gat... Chinese Manufacturing Slumps Chinese manufacturing hit a record low in November as new orders absolutely ...
Palin interview tonight - San Francisco GateABC shows excerpts tonight (5:30 Pacific) of Alaska Gov. Sarah Palin's first media interview since being named to the GOP ticket. The full interview from Fairbanks and her hometown of Wasilla will be shown later on "Nightline," plus a prime-time ...
Facing Deficits, States Get Out Sharper Knives - The LedgerLOS ANGELES — Two short months ago lawmakers in California struggled to close a $15 billion hole in the state budget. It was among the biggest deficits in state history. Now the state faces an additional $11 billion shortfall and may be unable to ...
Jay Bookman - Atlanta Journal ConstitutionThe entry titled "The "half of Americans pay no income tax" fraud," and any of the comments about it. One of the right-wing’s favorite talking points is the claim that 50 percent of American households don’t pay income taxes. From that claim flow ...
Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
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