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People in Business - Nashville TennesseanCandace Hooker joins Lattimore Black Morgan & Cain PC in a staff position in the audit division. Hooker was with Cellular Sales. Sydney Evans Stars has joined the firm's tax division. HORNE LLP has announced the opening of a second location locally ...
Chief justice’s father dies after long illness - Las Vegas SunThe father of Chief Justice John Roberts died Tuesday after a long illness, the Supreme Court said. John Glover "Jack" Roberts Sr. was an executive of Bethlehem Steel Corp. and later worked for CSC Industries and taught at the University of South ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
September 14 - September 21 (77) - Dakota Voice► January 16 - January 23 (1) In case you haven't heard about it, the movie stars Kirk Cameron as a firefighter who's doing well at work, but his marriage is falling apart at home. This movie was made by the same group of church folks that made the ...
McCain's mortgage plan draws fire from Obama, economists - The StateBETHLEHEM, Pa. — Seeking to regain ground he's lost in the polls during the economic crisis, Republican John McCain returned to the campaign trail Wednesday trumpeting a mortgage bailout plan he unveiled in Tuesday night's presidential debate. "We ...
Mayor: Bethlehem can weather storm - Allentown Morning CallThe worst economic crisis since the Great Depression . Mortgage foreclosure filings on pace to increase by a third in Northampton County. The company building the Sands Casino Resort Bethlehem may default on loans. Those aren't good headlines ...
No tax hike in Bethlehem - Allentown Morning CallBethlehem Mayor John Callahan announced today that he will not raise real estate taxes, the third year in a row with no increase. Despite a sagging economy with mortgage foreclosure filings on pace to increase by a third in Northampton County ...
Losing female support, McCain alters approach - Boston GlobeBETHLEHEM, Pa. - Senator John McCain returned to the campaign trail yesterday with new emphasis on a domestic agenda that appeared designed in part to address the concerns of white women, a crucial voting bloc that has moved steadily in recent weeks ...
Displaying items 1-12 of 538 - Baltimore SunTODAY NOV. 19 BNI BETHLEHEM I Chapter of Business Network International meeting, 7-8:30 a.m., Best Western Lehigh Valley Hotel & Conference Center, 300 Gateway Drive, Hanover Township, Northampton County. Visitors welcome. Info: Call chapter ...
Stocks zigzag, end lower after emergency rate cut - San Francisco GateThursday, October 9, 2008 A stock market that received an emergency interest rate cut tried to find some stability Wednesday, rallying several times before another late-day drop left Wall Street down for the sixth straight day. Still, the pullback ...
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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