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These folks have extra reason to be thankful this Thanksgiving - St. Petersburg TimesCheryl Combs, 38, left, and Darren Combs, 48, wait for a frozen pizza as it cooks Monday at their apartment in the Rainbow Village housing project in Largo. They are raising five boys ages 1 to 12. They were uprooted from No Go Largo Village last ...
Tinsel and Tech: The Consumer-Electronics Gift Guide - FOX NewsTwo of Apple's aluminum-body laptops on display. Two of Apple's aluminum-body laptops on display. Yes, Virginia, there is an economic funk. And too many bum 401(k) statements have made Santa more "No! No! No!" than "Ho! Ho! Ho!" But though the elves ...
Obama urges action on economy - Knoxville News SentinelCHICAGO - Citing an "economic crisis of historic proportions," President-elect Barack Obama urged Congress to pass a costly, job-creating stimulus bill as quickly as possible, a rare pre-inaugural call to action delivered as the outgoing Bush ...
Category: 100% Pure Cheese - PopwatchWhy you should gobble up 12 hours of the SoCal, so-cool crew: Thanksgiving may be all about family, but let's be honest: You're gonna want to escape crazy Aunt Sally and her lace-up leather skinnies at some point. So why not take a trip to one of the ...
British haka rubbishing draws NZ fire - StuffSERIOUS WORDS: Piri Weepu leads the All Blacks haka in response to the Munster haka led by the home side's four New Zealanders. Anger is mounting over a UK columnist's virulent rubbishing of the haka and his call that it should be scrapped after next ...
Beating the Drums for the Next War - Common DreamsLast week brought heads of state and senior diplomats in number to New York for the opening of the General Assembly of the United Nations. It also brought President Bush and President Ahmadinejad to the podium. For the larger audience in the world ...
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 ...
It's as if we've moved from a warm living room into a chilly kitchen - Guardian UnlimitedA new play by David Hare is a social as well as a dramatic event - if these two aspects of theatre can ever be separated - and on Wednesday the little Cottesloe auditorium at the National was sold out for the second night of Gethsemane. The title ...
Rudd backflips on bank deposits guarantee - News.com.auTHE Federal Government has backflipped on its free unlimited bank deposit guarantee after advice from Reserve Bank governor Glenn Stevens. THE backflip came after it emerged that Mr Stevens gave advice to impose a fee for large sums to avoid ...
Odds And Ends - New York Daily NewsCitigroup is cutting jobs, and AG Andrew Cuomo wants its execs to forgo bonuses . Barack Obama will have $350 billion worth of bailout money to spend. Obama and John McCain issued a joint statement in which they pledged to work together. The DN's own ...
Today's Mortgage Terms starting with D
Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.
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