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Jay Bookman - Atlanta Journal ConstitutionThe entry titled "Obama swinging for the fences?," and any of the comments about it. Barack Obama has purchased a half-hour of airtime on CBS, sources confirm. “The Obama campaign will air a half-hour primetime special on Wednesday, Oct. 29, at 8 p ...
Obama proposes immediate steps to help economy - Rocky Mountain NewsTOLEDO, Ohio — Democratic Barack Obama today called for more immediate steps to heal the nation's ailing economy, proposing a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs. The ...
Factcheck.org: Nonsense in Nashville - Newsweek BlogAccording to the nonpartisan researchers at Factcheck.org (a NEWSWEEK partner), Obama and McCain delivered a few " misleading statements and mangled facts" last night in Nashville, with McCain coming out on top in terms of untruths. Here's the skinny ...
What John Lewis' attack on John McCain was really about, and Obama's ... - Los Angeles Times BlogsWith the number of preelection days dwindling and tempers rising, we had more of the predictable homestretch toing-and-froing over campaign attacks Saturday. Someone on Side A says something that Side B can seize upon and criticize to create a fight ...
TALK BACK - Mens NewsdailyPete Murphy : Very well written, James, and so true. And I got a real kick out of the above comment and your reply. My... James J. Raider : tasmaw, … you might then enjoy this one: “Such a severe depression and banking crisis... tasmaw : I like ...
Poll: Obama gains, but Utahns still favor McCain - ksl.comHe’ll be an embarrassment to Utah just like Cannon was. It doesn’t matter anyway; the Democrats will be in charge. You folks in Utah County need to stay out of politics. What happens in Provo needs to stay in Provo. There are people that want to ...
Voters appear ready for it all to end | DAILY POLL QUESTION - Evansville Courier-PressA presidential campaign that has riveted millions of voters may be starting to make some of them restless as it heads down the home stretch, a local political scientist says. KEVIN SWANK / Courier & Press Sherman Stevens came to the Courier & Press ...
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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