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Economic crisis looms over Burnside sale - Norristown Times HeraldWEST NORRITON — A senior real estate manager for Binswanger told the Norristown Area School Board Monday night that the nearly four-acre parcel where Burnside Elementary School was located can be sold some time in the future due to uncertain ...
Ducks, group give soldiers and their families special day of ... - ESPN.comIt's easy to sometimes feel as though the National Hockey League exists within its own hermetically sealed bubble, unaffected and immune to the world outside. This past weekend, though, the Anaheim Ducks provided a powerful reminder of how the game ...
Angels in the Night visit homeless shelters across Canada with ... - CNW GroupNow in sixth year, program has raised over $1 million. TORONTO, Dec. 11 /CNW/ - Today and into the night, teams of Angels in the Night volunteers are personally delivering over $275,000 of newly-purchased clothing and supplies to 89 homeless shelters ...
A helping hand - Times West VirginianFAIRMONT — Has your credit card debt gotten out of hand? Have doctor bills piled up? Or have you considered buying a home but need some education on the impending mortgage procedure? Then Consumer Credit of North Central West Virginia can help ...
Springs of South County - Herald-Mail• This is the 172nd in a series of articles about the historical and architectural treasures of Washington County. The house at Belinda Springs sits south of Sharpsburg on a private gravel lane a half-mile east of Harpers Ferry Road. Mature ...
Real estate roundup - Portland Business Journal• Bank of America leased 5,219 square feet at the Oregon Trail Building, 333 S.W. Fifth Ave., Portland. Sean Turley of NAI Norris, Beggs & Simpson represented the owner, OTB LLC. • Provider Advantage N.W. Inc. leased 5,157 square feet at ...
Wren wise to not buckle to Padres’ demands - Atlanta Journal ConstitutionGetting Jake would have been, to use a dated expression, jake. But getting Jake Peavy would almost have been too easy. The Braves’ starting pitching falls to pieces and they go out and land one of the best in the business — no muss, no fuss, the ...
National Aboriginal Achievement Awards announces its 2009 Achievers - Market WireTORONTO--(Marketwire - Nov. 24, 2008) - Fourteen exceptional achievers, coming from diverse backgrounds, both culturally and geographically have been named recipients of the 2009 National Aboriginal Achievement Awards, the highest honour the ...
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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