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Around the Towns - Scranton TimesMembers of Ambrose Revels American Legion Post 328 presented gifts to veterans of the Gino Merli Veterans’ Center in Scranton, said post member James Murphy. The holiday gifts were presented as part of the post’s commitment to seeing that ...
Despite turning 89, Stella continues to run garage - Times-LeaderWILKES-BARRE – Miller Stella Sr. pulled a receipt out from under a large chunk of coal on his metal desk showing how he saved a customer $9. Mechanic Miller Stella Sr. celebrated his 89th birthday on Tuesday in his Wilkes-Barre auto repair shop ...
Michigan reps in Congress to tackle state woes - Detroit NewsWASHINGTON -- On a hectic first day packed with floor votes and hugs from well-wishers, freshmen Democratic Reps. Gary Peters of Bloomfield Township and Mark Schauer of Battle Creek vowed Tuesday to help create jobs in Michigan and tackle rising home ...
Conduct at Chuck E. Cheese described as 'madness' - Patriot-NewsJOHN C. WHITEHEAD, The Patriot-News/2008 Chuck E. Cheese in Susquehanna Township. The wobbly video shows a group of adults mulling inside Chuck E. Cheese's restaurant in Susquehanna Twp. Suddenly it pans left and captures a fight breaking out. The 22 ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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